Hormuz Shock Exposes South Asia’s LNG Contract Trap
The Diplomat argues that South Asia’s long-term LNG contracting strategy, designed after the 2022 price spike, failed to protect Bangladesh, Pakistan, and Sri Lanka when the Strait of Hormuz disruption became a physical supply crisis in 2026. The article suggests that accelerating domestic renewables and reassessing LNG infrastructure expansion are central to reducing chokepoint-driven vulnerability.