Qatar Energy confirmed its commitment to ensuring reliable supplies of liquefied gas to its customers (Al Jazeera)
Qatar Energy Company confirmed that Qatar's production of liquefied natural gas continues without interruption, and said that its commitment is firm in ensuring reliable supplies of liquefied natural gas to its customers.
She added in a statement, "While developments in the Red Sea region may affect the scheduling of some LNG shipments from Qatar because they may take alternative routes, their delivery is being managed with our customers."
The Red Sea is witnessing tensions due to threats by the Yemeni Houthi group against Israeli ships or carrying Israeli goods in support of the Gaza Strip, which has been subjected to continuous aggression for more than 110 days.
The tension in the Red Sea disrupted trade on the main east-west route, which represents about 12% of global shipping traffic.
In 2023, Qatar exported more than 75 million tons of liquefied natural gas, according to the data, including 14 million tons to Europe and 56.4 million tons to Asia.
Qatar is the largest supplier of liquefied natural gas to Europe after the United States, and accounted for about 13% of Western European consumption last year.
Standard & Poor's estimates Qatari liquefied natural gas shipments through the Suez Canal at 14.8 million metric tons annually, American shipments at 8.8 million metric tons, and Russian shipments at 3.7 million metric tons.
Source: Al Jazeera + agencies