Qatar and the UAE are rerouting damaged LNG tankers via ship-to-ship transfers to keep gas flowing to buyers worldwide, in emergency operations that add more than $1 million per transfer and up to 35 hours of additional sailing time as the ongoing war continues to affect traffic through the blockaded Strait of Hormuz.
Three LNG cargoes loaded in Qatar and the UAE were transferred between vessels off Oman and the UAE in August before continuing to buyers in Asia, according to ship-tracking data from Kpler and Vortexa.