CryptoWorld News reports that the International Energy Agency (IEA) states that the global natural gas market will continue to experience tight supply conditions after this year, as ongoing conflicts in the Middle East and regional infrastructure damage continue to disrupt supply. In a report released on Friday, the IEA said that this war has delayed the previously expected oversupply of liquefied natural gas, despite new capacity coming online gradually. The IEA indicates that the combined effect of short-term supply reductions and slowing capacity growth could lead to a total liquefied natural gas supply gap of approximately 120 billion cubic meters between 2026 and 2030, with this estimate taking into account the delay of the North Oil Field expansion project in Qatar.

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