Get App
Download App Scanner
Scan to Download
Advertisement

Qatar LNG Vessels U-Turn After Attempt To Pass Through Hormuz

The Al Daayen and Rasheeda, which each loaded LNG from Qatar's export plant in late February, have u-turned away from the strait.

Qatar LNG Vessels U-Turn After Attempt To Pass Through Hormuz
Representative picture.
Image: Unsplash

Two tankers carrying liquefied natural gas from Qatar appear to have abandoned an effort to exit the Persian Gulf via the Strait of Hormuz — delaying what would have been the first exports to buyers outside of the region since the war started.

The Al Daayen and Rasheeda, which each loaded LNG from Qatar's export plant in late February, have u-turned away from the strait after earlier heading eastward toward the waterway near Oman, according to ship-tracking data compiled by Bloomberg. 

The Al Daayen is still signaling Qatar's largest LNG buyer China as its next destination, the data show. Still, destinations are not final and vessels may change their indicated port of call at any time. So far, no loaded LNG tanker has passed through Hormuz since the US and Israel began strikes on Iran in late February.

The effective closure of the key waterway near Iran and the Arabian Peninsula has choked off energy flows to global markets, disrupting about a fifth of the world's supply of LNG. Another tanker, which appeared to not be carrying a shipment, passed through the strait over the weekend.

ALSO READ: Iran War: Explosions Heard In South Pars Gasfield As Israel Attacks Petrochemical Facility

Qatar has delivered two LNG shipments to Kuwait over the past few weeks, according to ship-tracking data compiled by Kpler. These supplies were likely loading from Qatar's storage tanks, and don't require traversing Hormuz.

Tracking vessel movements around the Persian Gulf can be inexact because of the potential for electronic interference with ship signals and the intentional disablement of transponders by pilots sailing through risky zones. 

Seapeak manages Al Daayen, and Nakilat owns Rasheeda, according to ship database Equasis. Neither company immediately responded to a request for comment.

Transit through Hormuz would be a shot in the arm for Qatar, which supplied nearly a fifth of all LNG last year, even as the country's Ras Laffan export plant has been shut for over a month due to Iranian attacks. This could allow Qatar to send more shipments that are already loaded and waiting within the Persian Gulf, or offload fuel from storage.

QatarEnergy, which operates Ras Laffan — the world's largest LNG export plant — didn't immediately respond to a request for comment. 

Iran has choked off transit through the waterway since US and Israeli strikes began, while allowing passage to its own ships or those it's approved. So far, no known Qatar-linked energy vessels have gone through the strait. In recent days, Tehran appears to have permitted the passage of vessels associated with countries seen as close to the US, including from France and Japan.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source