Source link : https://tech365.info/about-one-fifth-of-international-liquefied-pure-fuel-commerce-flows-by-the-strait-of-hormuz-cleantechnica/
Final Up to date on: twenty fourth June 2025, 01:59 pm
Information supply: U.S. Vitality Info Administration, World Financial institution, and International Vitality Monitor, International Fuel Infrastructure Tracker. Observe: LNG=liquefied pure fuel, FSRU=floating storage regasification unit
In 2024, about 20% of worldwide liquefied pure fuel (LNG) commerce transited the Strait of Hormuz, primarily from Qatar. The strait is a important route for oil and petroleum merchandise as properly.
Qatar exported about 9.3 billion cubic ft per day (Bcf/d) of LNG by the Strait of Hormuz in 2024, and the United Arab Emirates (UAE) exported about 0.7 Bcf/d, accounting for practically all LNG flows from the Persian Gulf by Hormuz.
We estimate that 83% of the LNG that moved by the Strait of Hormuz in 2024 went from Persian Gulf nations to Asian markets. China, India, and South Korea have been the highest locations for LNG shifting by the Strait of Hormuz, accounting for 52% of all Hormuz LNG flows in 2024. In 2024, disruptions to LNG flows by the Bab al-Mandeb Strait, which connects the Crimson Sea to the Gulf of Aden and Arabian Sea, and extra U.S. LNG exports to Europe pushed LNG exports from Qatar away from Europe to Asia.
Kuwait and the UAE imported LNG that originated exterior of the Persian Gulf, together with from the US and West Africa. Bahrain started working an LNG import terminal in April 2025 and likewise obtained cargoes that transited Hormuz from exterior of the…
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Author : tech365
Publish date : 2025-06-24 23:20:00
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