India lifts emergency gas curbs as Hormuz LNG traffic resumes
India has lifted an order imposing restrictions on gas suppliers as LNG deliveries from the Middle East resume. The Ministry of Petroleum and Natural Gas on Saturday withdrew provisions which had mandated all imported LNG and domestically produced gas to be sold to a list of priority customers.
Gulf traffic resumes but no surge in Ras Laffan loadings
The last LNG carrier, still holding the cargo it was carrying when March's closure of the Strait of Hormuz trapped it in the Persian Gulf, is preparing to leave the region, our data shows. The Patris, carrying a 0.07MMt cargo, had listed Himeji, Japan, as its destination in March – but now shows none, with the scheduled delivery likely cancelled or rescheduled.
Shippers hesitate to expedite US LNG cargoes via Panama Canal
Shipping companies and LNG portfolio players are slowly returning to the Panama Canal, where a two-year drought restrained traffic. As northern-hemisphere winter weather is sending natural gas demand soaring, most US LNG cargoes are currently looking for a home in Europe and avoid having to queue up for a costly Panama Canal transit.
