Six months into Hormuz blockade, Qatar and UAE test ways to keep LNG moving
AI Summary
Six months after the Hormuz blockade began, Qatar and the UAE are exploring methods such as ship-to-ship transfers to maintain LNG exports despite disruptions. Export levels remain significantly below pre-war figures due to ongoing regional challenges.
LNG exporters are looking for ways around the disruption in Hormuz, with three Gulf cargoes recently moved using ship-to-ship transfers (STS) as Qatar and UAE exports remain far below pre-war levels.
Markets Commodities Energy Shipping Hormuz blockade Qatar UAE LNG exports ship-to-ship transfers energy markets