First Qatari LNG tanker exits Hormuz after three-week pause ...Iraq

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First Qatari LNG tanker exits Hormuz after three-week pause

Shafaq News- Middle East

The first liquefied natural gas (LNG) carrier in nearlythree weeks has sailed out of the Strait of Hormuz, maritime tracking firmKpler reported on Thursday, noting that the vessel is operated by QatarEnergy.

    The LNG carrier Al Areesh loaded its cargo at Qatar’s RasLaffan terminal between July 4 and July 6 before passing through the strategicmaritime gateway. Kpler data indicated that the vessel was heading towardPakistan’s Port Qasim, where it is expected to arrive on July 31.

    Before Al Areesh, the last LNG carrier to leave the Straitwas Al Hamra, which departed on July 11 carrying a cargo loaded at the UAE’sDas Island.

    London Stock Exchange Group (LSEG) tracking data alsorevealed that the LNG carrier Mrooh, which was last detected outside thewaterway without cargo on July 24, reappeared inside the Strait on Thursday.

    Shipping activity extended beyond LNG carriers, with Kplerdata recording that 12 commodity vessels passed through Hormuz on Wednesday,including six vessels entering and six leaving the waterway. The figure markedan increase from the previous two days.

    Traffic through the Bab al-Mandab Strait also continued,although at lower levels than earlier in the week. Kpler data registered 19commodity vessels crossing the maritime corridor on Wednesday, while LSEGtracked 26 vessels.

    AXSMarine data indicated that detectable crude oil loadingactivity at Saudi Arabia’s Yanbu port on the Red Sea fell by at least 30% lastweek after Yemen’s Houthi movement declared a blockade targeting Saudi Arabia.

    Vortexa estimates, however, suggested that overall exportsremained broadly stable, with the energy intelligence firm attributing thedifference to increased activity by so-called "dark fleet" tankers.

    "We observed a clear increase in the number of crudeoil and condensate tankers heading north after loading in the Red Sea,"George Morris, an analyst at Vortexa, noted. He added that shipments loaded atYanbu accounted for around 15% of Asia’s seaborne crude oil supply, warningthat any prolonged disruption could have significant implications for Asianrefiners.

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