Strait of Hormuz LNG traffic hits highest in October since Iran war began

SINGAPORE The monthly tally of laden liquefied natural gas (LNG) tankers exiting the ​Strait of Hormuz reached its highest in October since ‌the U.S.-Iran conflict disrupted shipping this year, vessel ​tracking data showed. * Last month, ⁠31 LNG tankers went through the key waterway, according to data from S&P Global Energy, of which ‌23 were loaded at Ras Laffan in Qatar and eight at Das Island ‌in the United Arab Emirates. * October exports ‌were ⁠the highest since February when the war ⁠started and were up from September’s corresponding tally of 23 vessels exiting the strait, the data showed.

* “We are ​looking at UAE ‌back to pre-war transit levels and Qatar at over 30% of pre-war Hormuz transits,” said Eric Yep, a senior principal analyst at ‌S&P Global Energy. * Kpler’s shiptracking data showed ​42 LNG cargoes were loaded in October, up from 27 in September. * ⁠The changes come as Ras Laffan’s October loadings reached 35 cargoes, surpassing 2.7 million tons, the ‌highest since the war started, according to Kpler data.

Qatar exported nearly 6.2 million tons in February.