Oil tankers anchored near Strait of Hormuz after Iran conflict disrupts Persian Gulf shipping routes

LNG carriers at the Qatari LNG export facility at Ras Laffan. Photo: RasGas

More LNG Getting Through Hormuz as Producers Push for Transits

Bloomberg
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September 18, 2026

By Stephen Stapczynski

Sep 18, 2026 (Bloomberg) –At least two liquefied natural gas shipments transited the Strait of Hormuz this week as producers look for ways to increase flows to a market struggling with a lack of supply and surging prices.

A tanker that loaded at Qatar’s Ras Laffan export plant in late August appeared in the Gulf of Oman earlier this week, according to ship-tracking data compiled by Bloomberg, indicating it had passed through the contested waterway. The vessel wasn’t sending a signal when it traversed Hormuz, but jamming and interference is common in the area, complicating efforts to ascertain the exact location of ships.

Separately, another two LNG carriers were spotted doing ship-to-ship transfers off the coast of Oman this week, according to satellite images published by Copernicus Sentinel-2 that are only available after a delay.

The trickle of shipments indicate that Persian Gulf LNG producers are trying to get more fuel through Hormuz, to provide some relief to Asian and European buyers. Exports from the gulf have been at a virtual standstill since a Qatari tanker was attacked by Iran in early July. The lack of supply has sent spot prices to the highest level in more than three years, and they are at risk of rising further as the Northern Hemisphere winter approaches.

QatarEnergy didn’t respond to a request for comment. 

Satellite images show that there have been at least three LNG ship-to-ship transfers off the coast of Oman since the middle of August. Such transfers have become common for oil tankers over the last few months, but they are far more rare for LNG, due to the technical challenges involved in keeping the fuel super-chilled during any switch. 

Continued hostilities in the Middle East are pressuring LNG producers to test alternatives. Buyers in Pakistan and Bangladesh — dependent on gas via Hormuz — are closely monitoring the situation, as every shipment that gets through means they may not need to purchase a replacement from the expensive spot market.

Before the war about three cargoes of LNG passed through Hormuz each day. Qatari exports used to account for around a fifth of global supply.

© 2026 Bloomberg L.P.

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