Hormuz LNG Shipments Hit Highest Since US-Iran War Began
Liquefied natural gas (LNG) shipments through the Strait of Hormuz reached their highest level since the start of the US-Israeli war on Iran in February, according to data from analytics firms S&P Global Energy and Kpler.
In September, a total of 19 LNG cargoes exited the strait, consisting of 13 from Qatar and six from the United Arab Emirates. This is up from 15 in June, when a pact between the US and Iran had started to take effect.
'LNG transits through the Strait of Hormuz accelerated in the second half of September,' said Eric Yep, senior principal analyst at S&P Global Energy. 'If this is maintained into October, we could see full-month transits recover to 25 percent of pre-war levels.'
Kpler's data also shows a total of 21 LNG cargoes exiting the Strait of Hormuz in September. This includes more QatarEnergy-linked vessels, which have recently reappeared outside the waterway.