Liquefied natural gas transit via the critical waterway intensified late in the month
In September, the number of liquefied natural gas (LNG) shipments transported through the Strait of Hormuz reached its highest monthly level. This record has been recorded since the start of the war in Iran. This was reported by Liga.Business, according to the portal PromPolitInform.
Fuel transportation through this strategically important waterway demonstrated significant growth. A particular intensification of tanker traffic carrying these resources occurred in the second half of September.
Importance of the Shipping Route
The Strait of Hormuz plays a key role in global energy supplies, connecting oil and gas producers in the Persian Gulf with global markets. Any changes in the intensity of traffic along this corridor directly affect the stability of the international energy sector.
Despite the difficult security situation in the region due to the war in Iran, logistics companies continue to use this route to deliver liquefied gas to consumers. The current transit figures indicate that maritime carriers have adapted to the existing navigation conditions.
Illustrative photo: Ank Kumar / CC BY-SA 4.0
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