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Qatari Gas Ships Await Strait Export Restart
Typically, empty Qatar LNG carriers head towards the Arabian Gulf, indicating Qatar's readiness to resume its gas exports through the Strait of Hormuz after nearly complete suspension since late July due to the targeting of a Qatari vessel. Data shows six empty carriers associated with Qatar in the region, along with another vessel passing through the strait toward Qatar, while 15 carriers carrying Qatari gas are positioned in front of the strait. Despite the halt in exports, Qatar has continued to supply gas to countries like Kuwait by loading carriers within the Gulf, helping to manage inventories and maintain flexibility to increase production once tensions subside. The continued resumption of shipments could lower the globally high liquefied natural gas (LNG) prices, as Asian and European countries await the return of exports to help address supply shortages.
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