© RIA Novosti / Alexey Danichev
Global LNG shipments fell last month to about 33 million tons, the lowest since May 2024, Bloomberg wrote, citing ship traffic data. The drop came after Qatar, the second-biggest exporter last year, halted production because of Iran’s March strikes on the world’s largest LNG liquefaction plant. Its full recovery is expected to take years.
There has been little progress in opening the Strait of Hormuz, through which about a fifth of the world’s LNG – mostly from Qatar but also from the United Arab Emirates – used to pass. Only one shipment of LNG appears to have passed through this narrow strait toward the open sea since the war began (i.e., since late February).
Specifically, according to Bloomberg, two gas carriers with Qatari LNG on board were on their way from the Persian Gulf to Pakistan on Sunday. However, as of Monday morning, both vessels were anchored near the Strait of Hormuz.
