B · Normal
[LNG shipments in the Strait of Hormuz in October hit the highest level in a single month since the Iran War] On November 10, ship tracking data showed that the number of fully loaded liquefied natural gas (LNG) carriers sailing through the Strait of Hormuz in October set a record since the US-Iran conflict disrupted shipping this year. According to S&P Global Energy data, 31 LNG tankers passed through the waterway last month, of which 23 were loaded at Ras Laffan, Qatar, and 8 at Das Island in the United Arab Emirates. Data show that export volume in October was the highest since the war broke out in February, higher than the 23 ships in the same period in September. Eric Yep, senior principal analyst at S&P Global Energy, said: “The UAE’s transit volumes have returned to pre-conflict levels, while Qatar’s transit volumes through the Strait of Hormuz have reached more than 30% of pre-conflict levels.”
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