LNG shipments through Strait of Hormuz hit post-war high in October: Kpler
The number of LNG tankers leaving the Strait of Hormuz in October reached its highest level since the US-Iran conflict disrupted shipping earlier this year.
Key Takeaways
AIShip tracking data shows that the number of loaded liquefied natural gas (LNG) tankers departing the Strait of Hormuz in October reached its highest level since the conflict between the United States and Iran disrupted shipping earlier this year.
According to Reuters, data from S&P Global Energy revealed that last month, 31 LNG tankers passed through this vital waterway, including 23 loaded at Ras Laffan in Qatar and 8 at Das Island in the UAE.
The data indicated that October's exports were the highest since February, when the conflict began, and were up from September's figure of 23 ships leaving the strait.
Ship tracking data from Kpler showed that 42 LNG cargoes were loaded in October, up from 27 in September. According to Kpler, this increase comes as Ras Laffan saw 35 cargoes loaded in October, exceeding 2.7 million tons—the highest level since the start of the conflict. Qatar exported nearly 6.2 million tons in February.