Second tanker with Qatari LNG struck in Hormuz within a month as force majeure widens
The GasLog Shanghai was struck while leaving the Strait of Hormuz, weeks after the Al Rekayyat was hit in the same area. Italian utility Edison said QatarEnergy had extended force majeure on a further three cargoes, bringing the total affected to 24 shipments through September. A second attack in less than a month struck a ...
Two Qatari liquefied natural gas tankers have been attacked in the Strait of Hormuz within a month, widening the issue of force majeure. The second incident involved the GasLog Shanghai, which was struck off the coast of Oman while leaving the strait. This happened weeks after the Al Rekayyat tanker was hit, causing a three-week pause in Qatari LNG shipments.
QatarEnergy has extended force majeure on 24 shipments through September, with Italian utility Edison confirming that three additional cargoes would not be delivered. The second attack has significantly impacted Qatar's perseverance in mitigating the effects of the crisis, according to LNG consultancy Wideangle LNG's managing director.
Global gas markets have already adjusted to the disruption, but the latest incidents and strong European demand leading to winter storage refills are expected to drive up prices.
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