Oman's Energy Minister Calls for Diversifying West Asia's LNG Export Routes
Sep 14, 2026
Oman's Minister of Energy and Minerals, Salim al Aufi, said at the Gastech energy conference in Bangkok, Thailand, on Monday, September 14, 2026 (23 Shahrivar 1405), that West Asia needs alternative export routes for liquefied natural gas (LNG) that bypass the Strait of Hormuz. According to Oilprice.com, citing Bloomberg, al Aufi pointed to the near total halt of Persian Gulf LNG exports since the start of the US and Israel war with Iran and said routes to the north, through Oman, or through Yemen should be identified to move the region's energy resources out.
Per Oilprice.com, building such alternative pipelines would take time and could immediately become a new target for drone and missile strikes, as happened recently to Saudi Arabia's East to West pipeline. Oman, which produces more than 11 million tons of LNG a year, has been running its plants above nameplate capacity this year to help offset lost supply from Qatar. Separately, Balaji Krishnamurthy, head of Chevron's Australian operations, told Bloomberg that elevated LNG prices are likely to persist for at least another six months.
Source
Oilprice.com
Related news
Part of Iran's War-Damaged Oil Capacity to Be Restored by Year End, Oil Minister Says
According to Mehr News, Oil Minister Paknejad said on Wednesday, September 16, 2026 (25 Shahrivar 1405), that reconstruction of four gas refineries and fuel storage and loading facilities in Tehran that were struck and damaged is progressing very well, and that part of the country's lost oil industry capacity will be restored by the end of the year. The comments came as global energy markets remain affected by disruptions to oil export infrastructure in the Persian Gulf region.
Mehr News · Sep 16, 2026
Saudi Arabia Halts Some Oil Exports to Europe After Attack on East to West Pipeline
Saudi Arabia canceled some crude oil shipments to Europe on September 16, 2026 (25 Shahrivar 1405), after drone attacks disabled its strategic East to West pipeline to the Red Sea, Al Jazeera reported. The rare move forced buyers to scramble for alternative supplies. An Iraqi source cited by Al Jazeera attributed the September attack to a splinter armed faction. Separately, Trading Economics reported the same day that US heating oil prices held above $5.20 a gallon, near record highs, as the pipeline shutdown compounded existing shipping disruptions through the Strait of Hormuz. Global benchmark Brent crude has traded above $100 a barrel this week amid the regional supply disruptions.
Al Jazeera · Sep 16, 2026
Former Iranian Diplomat: Each New Military Clash Could Add 10 Percent to Oil Prices
Former Iranian diplomat Kourosh Ahmadi, responding to remarks by Mohsen Rezaei on the Strait of Hormuz, said sanctioning ships without reopening the strait would not be effective enough, and that each new military clash could add roughly 10 percent to oil prices, according to a report published by the Donya-e-Eqtesad newspaper on September 16, 2026 (Shahrivar 25, 1405). He said this dynamic could also push the United States toward ending the confrontation and accepting a negotiated solution.
Donya-e-Eqtesad · Sep 16, 2026
Brent Crude Jumps Above $107 as Hormuz Traffic Drops
Brent crude jumped more than 3 percent, up 3.21 dollars, to 107.82 dollars a barrel on Monday, September 14, after an Iranian ship was attacked in the Strait of Hormuz on Sunday and Saudi Arabia's East to West oil pipeline was damaged in a drone strike. Reuters reported that vessel transits through Hormuz fell to 14 a day over the weekend, below the 10 day average and far under the more than 100 daily transits recorded before the US and Israeli war on Iran began. US Energy Secretary Chris Wright told Bloomberg that oil flows through Hormuz averaged 10 million barrels a day over the past week, about two thirds of pre war levels. Sahmino's own price data showed Brent at 107.96 dollars as of 19:28 Tehran time on Tuesday, September 15, up 1.65 percent on the day.
Al Jazeera · Sep 15, 2026
