Hormuz LNG Traffic Hits Highest in October Since Iran War Began
Kpler data showed 42 cargoes loaded in October, while laden LNG tankers exiting the strait reached their highest level since the U.S.-Iran conflict began.
- In October, 31 LNG tankers exited the Strait of Hormuz, marking the highest monthly volume since the US-Iran conflict disrupted shipping earlier this year.
- Ras Laffan in Qatar drove this recovery, with October loadings reaching 35 cargoes and surpassing 2.7 million tons, despite operating under force majeure since March.
- Senior principal analyst Eric Yep of S&P Global Energy said the United Arab Emirates returned to pre-war transit levels, while Qatar reached over 30% of pre-war Hormuz transits.
- Kpler vessel tracking data shows two cargoes loaded at Ras Laffan were transferred to other tankers off Oman's Sohar anchorage after clearing the strait.
- Rystad Energy warned earlier this week that the Northern Hemisphere faces an uncertain winter, with tight supplies likely keeping gas prices elevated despite Persian Gulf recovery.
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15 Articles
Ship tracking data showed that the monthly number of gas carriers that left the Strait of Hormuz recorded the highest level since the beginning of Iran's war in October.
The Economic Times
Hormuz LNG traffic hits highest in October since Iran war began
October exports were the highest since February when the war started and were up from September's corresponding tally of 23 vessels exiting the strait, the data showed.
LNG Traffic Through Hormuz Hits Highest Level Since Iran War Began
Exports of liquefied natural gas via the Strait of Hormuz last month reached the highest total since February, at 31 tankers, compared with 27 in September, according to data from Kpler, as cited by Reuters. What is perhaps more impressive is that most of these cargoes were loaded from Qatar’s Ras Laffan hub, despite it still being under force majeure. In two cases, per Kpler, LNG cargoes loaded at Ras Laffan were then transferred to other tanke…
Key takeaways Recent statistics from Kpler show that the number of liquefied natural gas (LNG) shipments through the Strait of Hormuz peaked in October with 31 tankers, surpassing the 27 recorded in September. This is the highest volume recorded since February. Qatar Export Trends A significant portion of […]
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