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▲ Bullish for Petronet LNG
Qatar-linked LNG vessel transits through Hormuz increase despite conflict
The brief
- Recent transits of QatarEnergy-linked LNG vessels through the Strait of Hormuz have increased
- Kpler data indicates more vessels are now making the passage
- More LNG traffic through Hormuz may ease supply concerns for Indian gas importers, including Petronet LNG
- India explores bigger UAE role in LPG, LNG supplies; subsea gas pipeline under study
- Qatar Extends LNG Force Majeure as Hormuz Disruptions Drag On
- European Gas Prices Rise on Prospects of Prolonged LNG Disruptions
- Natural Gas trapped in $3.081-$3.203 range: Live levels
- Accumulate Petronet LNG; target of Rs 302: Prabhudas Lilladher
Shipping through Hormuz and Bab el-Mandeb
Ship traffic through the Strait of Hormuz fell 96%, while Bab el-Mandeb traffic was at 70% of normal levels. Qatar-linked LNG traffic through Hormuz later picked up despite the conflict.
Monday, 28 September
- Qatar-linked LNG vessel transits through Hormuz increase despite conflict