ABSTRACT

Attacks Against Saudi Arabia: Ramifications for Natural Gas [October 4, 2019]   [open pdf - 778KB]

From the Document: "The attacks against Saudi Arabia's oil infrastructure on Saturday, September 14, 2019, poses consequences for natural gas in the region and globally. Qatar, which borders Saudi Arabia and is one of the top two liquefied natural gas (LNG) exporters along with Australia, exported about 25% of the world's LNG in 2018. All of Qatar's exports must transit the Strait of Hormuz (see Figure 1), which is a well-known transit chokepoint. Additionally, LNG exports from the United Arab Emirates (UAE), which were less than 2% of global exports, also transit the Strait of Hormuz; Oman's LNG exports, 3% of global LNG trade, do not transit the Strait, but are in close proximity."

Report Number:
CRS Insight, IN11174
Author:
Publisher:
Date:
2019-10-04
Copyright:
Public Domain
Retrieved From:
Congressional Research Service: https://crsreports.congress.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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