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Data● Neutral for Petronet LNG
September LNG shipments through Hormuz hit highest since start of US-Iran war
The brief
- 19 LNG cargoes crossed the Strait of Hormuz in September, the highest count since the US-Iran war began
- LNG flows matter for Petronet LNG and Indian gas import costs
- Centre proposes changes to Petroleum Act, seeks stakeholders' feedback
- IOC, HPCL, BPCL shares rise - What is behind the rally in crude oil-linked stocks?
- Shell backs $23 billion LNG Canada expansion in boost to Carney's ‘energy superpower’ push
- Petronet LNG’s next growth leg depends on improving capacity utilization
- Shell-led consortium backs $23bn expansion of LNG Canada project
Shipping and fuel disruption around the Strait of Hormuz
Ship traffic through Hormuz was reported down 96%, while QatarEnergy-linked LNG vessel transits later increased. Iraq began importing gasoline through Syria’s Baniyas port under a three-month agreement amid the closure.
Friday, 2 October
- September LNG shipments through Hormuz hit highest since start of US-Iran war