The Qatari state energy company QatarEnergy stated today that the attacks by the Shiite Houthi rebels of the Yemen against navigation in the Red Sea and the bombings of USA in response can cause delays in shipments of liquefied natural gas (LNG).
“Ongoing events in the Red Sea area may affect the scheduling of some deliveries as they take alternative routes,” The state company indicated in a statement reproduced by local media, in which it stressed that LNG shipments from Qatar “they are being managed” with buyers.
Likewise, QatarEnergy confirmed that “Qatar’s LNG production continues uninterrupted and our commitment to ensuring reliable supplies of LNG to our customers remains unwavering.”
According to Qatari media, this country did not experience major effects on its exports after the recent escalation in the Red Sea and its shipments even increased by a 7% in the last two weeks compared to the same period in 2023.
Qatar, like other Middle Eastern countries, has denounced the serious repercussions of Houthi attacks on commercial vessels in the Red Sea and said retaliatory bombing by the United States and the United Kingdom is leading to region to a “dangerous escalation.”
The Qatari authorities have also assured that their gas shipments to Europe would be affected by this crisis, because ships are increasingly avoiding transit through the Red Sea and opting to skirt the African continent, doubling the Cape of Good Hope. , a much longer route.
The tension in the area has caused the main shipping companies worldwide to continue adjusting their routes to avoid transiting this sea route, through which the 8% of world grain trade, 12% of the oil trade and 8% of world trade in liquefied natural gas.
Source: Gestion
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