Qatari LNG Tanker Remains Stranded After Projectile Strike
A Qatari LNG tanker remained stranded off Oman on Wednesday after a projectile strike sparked a fire in its engine room, though industry sources said the vessel's cargo appeared secure and the risk of an explosion was low for now.The attacks on the tankers prompted Washington to revoke a licence allowing Iran to sell oil and U.S. forces to strike Iranian targets overnight. President Donald Trump said on Wednesday an interim agreement to end the war with Iran was "over", comments that triggered a 5% jump in global oil prices.The U.S.
Two Vessels Struck Near Hormuz, LNG Tanker at Risk of Explosion
A Qatari LNG tanker was at risk of exploding and a Saudi-flagged crude oil tanker was damaged near the Strait of Hormuz, sources said on Tuesday, after reports that Iran fired missiles at ships in the waterway overnight.The Al Rekayyat, loaded with liquefied natural gas, sent out distress signals seeking assistance after it was hit on its port side, one of the sources said. Another source briefed on the matter said the vessel was at risk of exploding due to a fire in its engine room. The crew were safe and were being evacuated."Mayday mayday mayday.
New Russian‑Flagged LNG Tanker Begins Operations For US Project
A newly Russian-flagged LNG tanker - Arctic Express - has picked up a cargo of liquefied natural gas from a floating storage facility used to trans-ship gas from the Arctic LNG 2 project, which is under U.S. sanctions, LSEG data showed.Arctic LNG 2, initially planned to be one of Russia's largest LNG plants with an eventual output of 19.8 million metric tons per year, continues operations despite U.S. sanctions, with China the main buyer.According to LSEG data, Arctic Express loaded an LNG cargo at the Saam facility near the Arctic port of Murmansk on June 28 and headed west.
Third Qatari LNG Tanker Transits Hormuz to China
A Third Qatari liquefied natural gas tanker is transiting the Strait of Hormuz and heading to China, ship-tracking data showed on Friday, as a Qatari negotiating team arrived in Tehran to try to help secure a deal to end the war with Iran.As shipments through the waterway continue to be erratic, this third transit of a Qatari LNG tanker is taking place nearly two weeks after a first such cargo passed through the strait under an Iran-Pakistan arrangement.The vessel, Al Sahla, with a capacity of 211…
Qatari LNG Tanker Headed for Pakistan Successfully Crosses Strait of Hormuz
A second Qatari liquefied natural gas tanker successfully went through the Strait of Hormuz on Tuesday, days after the first such cargo crossed under an arrangement involving Iran and Pakistan, highlighting how cargoes are crossing the waterway on a case-by-case basis amid ongoing conflict risks.The vessel, Mihzem, with capacity of 174,000 cubic metres, departed Ras Laffan on Monday and crossed the strait on Tuesday, headed toward Port Qasim in Pakistan where it is expected to arrive later in the day…
US Lawmakers Press Treasury Secretary on LNG Tanker Tax Credits
A group of Democratic U.S. senators on Tuesday pressed Treasury Secretary Scott Bessent on whether enormous tankers that ship liquefied natural gas qualify for a lucrative tax credit meant for smaller boats that burn the fuel.Here are details about the issue.The Alternative Fuel Excise Tax credit, signed by former President George W. Bush in 2005, was meant to decrease oil dependence by subsidizing a transition among smaller motorboats to alternative fuels, such as natural gas…
Libyan Coast Guard Tows Drifting Russian LNG Tanker Away From its Shore
Libya’s coast guard has begun towing away a damaged liquefied natural gas tanker that several Mediterranean countries warned posed an environmental risk after drifting unmanned for weeks, the Tripoli‑based Government of National Unity (GNU) said.The Russian-flagged Arctic Metagaz, carrying LNG from the Arctic port of Murmansk, has been adrift since early March, when Russia's Transport Ministry said it was hit by Ukrainian naval drones.With no crew aboard, it eventually drifted close to the shores of the western Libyan port of Zuwara.Italy…
Russian LNG Tanker Sinks in Mediterranean
A Russian tanker carrying liquefied natural gas (LNG) sank in the Mediterranean on Wednesday after what Moscow described as an attack by Ukrainian drones launched from Libya.The Arctic Metagaz sank in waters between Libya and Malta after catching fire a day earlier, Libya's maritime rescue agency said in an advisory seen by Reuters."Information indicates that the tanker experienced sudden explosions followed by a massive fire, which ultimately led to its complete sinking," the agency said.Ukraine has frequently targeted Russian oil refineries and other energy infrastructure in an attempt to de
Drydocks World to Convert LNG Carrier into FSU for Gabon Project
Drydocks World, a unit of Dubai-owned ports and logistics group DP World, has signed a contract with Dixstone Lower Gulf FZCO to convert an LNG carrier into a floating storage unit (FSU) for use in Gabon’s offshore gas development.The engineering, procurement and construction project will see the LNG carrier transformed into the FSU Cap Lopez, supporting Gabon’s floating LNG development by enabling offshore gas liquefaction, storage and export.The project is also expected to contribute…
