Business & Finance
Qatar Moves LNG Ships Back to Mideast Ahead of Hormuz Reopening
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Qatar Moves LNG Ships Back to Mideast Ahead of Hormuz Reopening Qatar is beginning to bring some of its liquefied natural gas tankers back to the Middle East, as the major supplier prepares to ramp-up exports once the Strait of Hormuz reopens following a US-Iran deal. At least four empty LNG vessels owned by Qatar recently began heading back toward the region after being idle or heading in a different direction, according to ship-tracking data. Another ship chartered by Qatar is also on its...
Qatar Moves LNG Ships Back to Mideast Ahead of Hormuz Reopening
Qatar is beginning to bring some of its liquefied natural gas tankers back to the Middle East, as the major supplier prepares to ramp-up exports once the Strait of Hormuz reopens following a US-Iran deal.
At least four empty LNG vessels owned by Qatar recently began heading back toward the region after being idle or heading in a different direction, according to ship-tracking data. Another ship chartered by Qatar is also on its way to the region, the data shows. The tankers are all signaling Ras Laffan — the world’s largest LNG export plant in Qatar — as their next destination.