Qatar's liquefied natural gas shipments have rebounded over the past few weeks, indicating that despite continued disturbances in the Strait of Hormuz, the major exporter is still trying to deliver more cargo to the global market. Up to now this month, the moving average of 13 to 15 LNG carriers leaving Qatar's Ras Laffan base is 13 to 15, slightly higher than the October average of about 11. Temperatures in the northern hemisphere drop in winter, and Europe and Asia may compete for limited gas sources. If Qatar's LNG supply continues to be released, it will bring some relief to the market.

Qatar's liquefied natural gas shipments have rebounded over the past few weeks, indicating that despite continued disturbances in the Strait of Hormuz, the major exporter is still trying to deliver more cargo to the global market. Up to now this month, the moving average of 13 to 15 LNG carriers leaving Qatar's Ras Laffan base is 13 to 15, slightly higher than the October average of about 11. Temperatures in the northern hemisphere drop in winter, and Europe and Asia may compete for limited gas sources. If Qatar's LNG supply continues to be released, it will bring some relief to the market.