• Home
  • QatarEnergy halts Red Sea LNG shipping amid attacks, seeking security advice
QatarEnergy stopped sending tankers through the Red Sea. QatarEnergy had four tankers held up due to Houthi attacks in the route, leading the company to take the long route around the Cape of Good Hope. As the world’s second largest exporter of liquefied natural gas, QatarEnergy’s exports are depended on by buyers in Europe and Asia. The lack of security in trade routes is projected to drastically affect LNG prices. 

QatarEnergy halts Red Sea LNG shipping amid attacks, seeking security advice

QatarEnergy stopped sending tankers through the Red Sea. QatarEnergy had four tankers held up due to Houthi attacks in the route, leading the company to take the long route around the Cape of Good Hope. As the world’s second largest exporter of liquefied natural gas, QatarEnergy’s exports are depended on by buyers in Europe and Asia. The lack of security in trade routes is projected to drastically affect LNG prices. 

Issue:
Country:
Subscribe to Receive Latest Updates from GIF.