Energy and oilUpdated Yesterday

Qatar LNG loadings reach about half of pre-war levels

Qatar’s LNG loading pace has risen to around half of its pre-war level while shipping disruption through the Strait of Hormuz continues, Asharq Business with Bloomberg reported on Nov. 10. A second report from the outlet that day put the average at 13 to 15 cargoes. The figures describe a partial recovery in loading activity; they do not establish that exports or deliveries have returned to normal. Separately, in July, the Saudi Press Agency carried the Kingdom’s condemnation of Iran’s attacks on the tankers Wadiyan and Al-Rukayyat as an assault on the safety of international navigation and global energy supplies. The Kingdom called on Iran to stop actions threatening regional security, navigation and energy supplies, and held it responsible for the attacks and their consequences.

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