Qatar Prepares LNG Comeback Ahead of Hormuz Reopening

Qatar has started to return LNG tankers back to the Middle East in anticipation of an imminent reopening of the Strait of Hormuz that would allow the world’s second-biggest LNG exporter to start producing and moving LNG supply again.

At least four Qatar-owned tankers have headed in recent days to Ras Laffan, Qatar’s LNG complex in the Persian Gulf, and a fifth is en route to the region, vessel-tracking data compiled by Bloomberg showed on Wednesday.