LNG exports through Hormuz still at a third of pre-war levels

Exports of liquefied natural gas through the Strait of Hormuz in October remained near the highest level reached since the start of the Middle East war, but were still less than a third of pre-conflict levels. About 27 gas-laden tankers have crossed the Strait eastbound so far, according to an analysis of ship tracking data provided by Kpler and Bloomberg.

This is roughly the same number recorded in September, the peak reached during the conflict. Almost all transits were made by ships that did not broadcast their positions, and the total volume could be higher. LNG flows remained stable in October despite persistent attacks on shipping in the strait, including an attack on a Qatar-linked cargo ship earlier in the month. Exports have not recovered as quickly as oil shipments which have almost returned to pre-war levels.