Qatar Sends First LNG Cargo Through Hormuz Since Tanker Attack

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Qatar Sends First LNG Cargo Through Hormuz Since Tanker Attack

AI Summary

QatarEnergy successfully sent its first LNG cargo through the Strait of Hormuz since a tanker attack three weeks prior. The LNG shipment is destined for Pakistan amid tightening supply conditions due to the regional conflict involving the US, Israel, and Iran.

QatarEnergy has successfully sent an LNG cargo via the Strait of Hormuz, three weeks after one of its LNG carriers was struck in the waterway, Bloomberg has reported, noting that the vessel had idled in the strait since early July but crossed it with its geolocation devices turned on. According to ship-tracking data cited by Bloomberg, the tanker is bound for Pakistan. The South Asian nation is a major buyer of Qatari liquefied gas, but the war between the United States, Israel, and Iran has squeezed supply, forcing Pakistan to look for LNG cargos…

Politics Markets Energy Shipping QatarEnergy LNG cargo Strait of Hormuz tanker attack Pakistan energy supply regional conflict

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