🇨🇳China has built 18 super large LNG storage facilities.
South Korea is building 7 more.
Japan is following suit.
They are prepared for a possible disruption in Hormuz.
🇶🇦 Qatar LNG through Hormuz, blocked
🇧🇩 Bangladesh paid 2x the contract price on the spot market this week
🇷🇺 Russia offers Arctic LNG 2 through Chinese back doors
🌍 South Asia is energy-hungry, with cash shortages and trapped
The crisis in Hormuz did not create LNG opportunities for the USA.
It simply made it undeniable.