America is unable to save.. Why cannot American gas compensate for the Qatari shortage?

The continuation of the war in Iran and the closure of the Strait of Hormuz exacerbated the global shortage of liquefied natural gas supplies, which led to the loss of markets for one of the most important sources of energy, in light of the inability of the United States to fill the gap resulting from the cessation of Qatari gas due to American export terminals operating at maximum capacity.

The New York Times reported that stopping gas shipments from Qatar for two months raised prices in Europe and Asia at sharp rates, reaching six times their levels in America, which directly affected heating and industrial costs in countries such as Italy and South Korea.

Production at the Qatari Ras Laffan facility was affected by missile strikes that damaged about 17% of its capacity, coinciding with the cessation of navigation through the Strait of Hormuz, through which 20% of global gas trade passes.

Despite expectations of an increase in US exports, the International Energy Agency warned that damage to Qatari infrastructure could delay the growth of global supplies for two years. In the face of this fragile reality, Asian and European countries began to re-evaluate their dependence on gas by switching to renewable energy, while major energy companies, such as Shell, rushed to secure new reserves through huge acquisition deals in a market that has become highly volatile.