Qatar LNG Outage Erases 2026 Supply Surplus, Morgan Stanley Says

A halt of LNG production in major exporter Qatar is likely to remove most of the LNG glut forecast for this year, according to Morgan Stanley. The implied supply shock should materially tighten global gas markets and support higher LNG prices, creating sector-level upside for energy producers and exporters.

Analysis

A halt of LNG production in major exporter Qatar is likely to remove most of the LNG glut forecast for this year, according to Morgan Stanley. The implied supply shock should materially tighten global gas markets and support higher LNG prices, creating sector-level upside for energy producers and exporters.