Oil and Natural Gas Tankers Depart Hormuz Strait for Pakistan and China
International Economy

Oil and Natural Gas Tankers Depart Hormuz Strait for Pakistan and China

SadaNews - Shipping data shows that two liquefied natural gas tankers are leaving the Hormuz Strait heading to Pakistan and China today, Monday, while a giant tanker loaded with Iraqi crude oil departed the Gulf heading to China on Saturday after being stuck there for nearly 3 months.

This comes following significant restrictions on navigation in the Hormuz Strait since Israel and the United States waged war on Iran in late February, as one-fifth of the world's oil and liquefied gas supplies normally pass through the strait, making its near-total closure severely impact global energy supplies.

These three ships are among a few large tankers that have left the Gulf this month, following a route that Iran has ordered ships to use. Last week, 3 giant oil tankers sailed to China and South Korea carrying 6 million barrels of crude oil.

Shipping data from the "London Stock Exchanges Group" and "Kepler" shows that the liquefied natural gas tanker "Fuwairit" is crossing the Hormuz Strait today, Monday, and is expected to unload its cargo in Pakistan tomorrow, Tuesday. The ship, flying the Bahamian flag, loaded the liquefied natural gas from Ras Laffan port in Qatar on March 28.

The liquefied natural gas tanker "Al-Rayan" also departed the strait, loaded with a shipment from Ras Laffan port as well. The tanker was last seen in the Gulf on May 22 and is currently observed outside the strait between Iran and Oman. According to data from the "London Stock Exchanges Group" and "Kepler", it is expected to unload its cargo in China on June 27.

On another note, shipping data from the "London Stock Exchanges Group" and "Kepler" reveals that the giant oil tanker "Eagle Verona", which departed the strait on Saturday, is expected to arrive at "Ningbo" port in eastern China on June 12 to unload its cargo.

According to the data, the ship, flying the Singaporean flag and chartered by "Unipec," the trading arm of "Sinopec," Asia's largest refiner, is carrying nearly 2 million barrels of Basra crude as of February 26.