Qatar Increases LNG Shipments Through Strait of Hormuz Despite Attack Risks
Photo: AP/TT

Qatar Increases LNG Shipments Through Strait of Hormuz Despite Attack Risks

Despite the risk of attacks on civilian ships in the Strait of Hormuz, Qatar has increased the pace of its liquefied natural gas (LNG) deliveries by ship in recent weeks.

Advertisement

The number of LNG tankers leaving Qatar’s Ras Laffan facility has risen to an average of 13-15 ships per 10 days so far in November, according to data from Bloomberg, Kpler and Copernicus.

That compares with about 11 ships per 10 days in October.

However, the number of ships is only about half of what it was before the US and Israel launched their bombing campaign against Iran in late February.

Qatari Prime Minister Mohammed bin Abdulrahman Al Thani and his government have been mediating talks between Iran and the US to broker a ceasefire and improve safety for civilian ships in the Persian Gulf.

Fossil gas prices in Europe - which relies heavily on gas from the Middle East - have more than doubled since the Iran war began.

In this story
AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
Was this useful?

What do you think?

Keep readingmore from Business

All