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QatarEnergy is positioning empty carriers near the Strait of Hormuz for a potential restart of exports. The move follows an explosion at the Ras Laffan complex on Sunday and prior Iranian strikes on the facility.
QatarEnergy has directed three of its LNG carriers toward the entrance of the Strait of Hormuz from the Gulf of Oman, with shipping data showing five additional Qatari-linked tankers near the Omani coast and others returning home. com reported that the state firm is preparing for a restart of exports despite an explosion at the Ras Laffan LNG complex on Sunday and ongoing repairs.
The company declared force majeure after Iranian missiles struck an LNG facility at Ras Laffan in mid-March.
QatarEnergy had already curtailed output in early March. com reported that the firm told customers it could restore about 50 percent of production capacity within a month and 80 percent within two months once safe navigation through the Strait of Hormuz resumes.
com.
The timeline depends on the return of tanker traffic to pre-war levels.
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Chevron and Microsoft agreed to a 20-year contract supplying natural-gas power to a planned data-center campus near Pecos, Texas. The Project Kilby plant is slated to reach 2.67 gigawatts by the late 2020s.