Greece’s Gas Market at an Inflection Point: Regional Export Hub in a Tight European Winter

AI Summary

The closure of the Strait of Hormuz has disrupted global gas supply, removing more than 280 million cubic metres per day of LNG, much of it from Qatar’s Ras Laffan complex. Against a tight European winter outlook, Greece could strengthen its role as a regional gas export hub.

Europe enters the winter with limited room for error The conflict in the Middle East has altered the global supply picture. Since the closure of the Strait of Hormuz on 28 February 2026, more than 280 mcm per day of LNG, roughly a fifth of global supply and mainly from Qatar’s Ras Laffan complex, has ...