QatarEnergy has purchased 33 liquefied natural gas (LNG) cargoes from the United States to offset potential disruptions in the Strait of Hormuz, Reuters reported exclusively, citing sources. This was reported by Qazaqyia.kz citing Reuters.
The deal highlights the Qatari energy company's preparedness for global market instability. The Strait of Hormuz is a critical passage for global oil and gas shipments, and any disruption could impact the global energy market. The purchased cargoes are expected to be delivered from various US export terminals.