( May 13, 2026, 09:22 GMT | Official Statement) -- MLex Summary: The global liquefied natural gas market would face shortfall of 27 billion cubic meters compared with 2025 levels if the Strait of Hormuz remained closed for the whole of 2026, the EU’s Agency for the Cooperation of Energy Regulators, or ACER, has said. At the same time, the EU's increased reliance on LNG as it moves away from Russian gas has highlighted growing exposure to global LNG market risks, including supply concentration, spot market volatility and geopolitical disruptions, it said. The EU imported a record 146 bcm of LNG in 2025.Press release follows. Full report can be found below....
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