Commodities

LNG Ship Leaves Egypt Without Full Load as War Risks Flows

  • The Seapeak Catalunya departs Egypt’s Idku plant for Algeria
  • War poses ‘serious threat’ to regional gas market, Rystad says
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A liquefied natural gas vessel left an export terminal in Egypt either unloaded or only partially loaded, raising concerns that the Israel-Hamas war may disrupt supplies to global markets.

The Seapeak Catalunya departed for Algeria — another LNG exporting nation — after spending two days at the Idku plant in Egypt, ship-tracking data compiled by Bloomberg show. That suggests the vessel either didn’t load, or only picked up limited volumes.