Connect with us

BUSINESS/FINANCE

LNG and Oil Tankers Leave Strait of Hormuz for Pakistan, China and India Despite Ongoing Conflict

Published

on

Several LNG and crude oil tankers have successfully crossed the Strait of Hormuz and are heading towards Pakistan, China and India despite rising tensions caused by the ongoing conflict involving the United States, Israel and Iran.

According to ship-tracking data, at least three liquefied natural gas (LNG) carriers passed through the strategic waterway in recent days, while a supertanker carrying Iraqi crude oil also managed to exit the Gulf after nearly three months.

Reports say the ongoing US-Israel and Iran conflict has severely disrupted maritime traffic in the Strait of Hormuz, a route responsible for nearly 20 percent of global oil and LNG shipments.

The LNG carrier “Fowairet” crossed the Strait on Monday and is expected to unload its cargo in Pakistan on Tuesday. The vessel had loaded LNG from Qatar’s Ras Laffan port in late March.

Another LNG tanker, “Al Rayan,” also crossed the Strait and is now outside the passage between Iran and Oman. According to shipping data, it is expected to deliver its cargo to China on June 27.

Meanwhile, the vessel “Al Hamra,” operated by Abu Dhabi National Oil Company, also managed to pass through the Strait and is currently near the Indian coastline.

In addition, the supertanker “Eagle Verona,” carrying around 2 million barrels of Basra crude oil, is heading toward China’s eastern port of Ningbo after exiting the Strait over the weekend.

The report added that before the conflict, nearly 125 to 140 ships passed daily through the Strait of Hormuz, but maritime activity has now become extremely limited. Nearly 20,000 sailors aboard hundreds of vessels remain stranded in the Gulf region.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *