In the past month, three LNG carriers from Qatar and the United Arab Emirates in the Persian Gulf reportedly transferred their cargoes to other vessels. These transfers occurred outside the Strait of Hormuz, according to the source publication.
This method of cargo transfer is considered highly unusual for liquefied natural gas shipments. The source indicated that this approach might help to increase the volume of LNG shipments from the affected region.
Despite these efforts, LNG traffic through the Strait of Hormuz reportedly remains at a standstill. This contrasts with crude oil flows, which are estimated to have recovered in recent weeks, as stated by the publication.
The source also noted that shuttle-shipping LNG through the Strait of Hormuz presents greater challenges compared to crude oil, suggesting the complexity of managing LNG logistics in the current environment.
