Transportation
Qatar Delays LNG Cargoes to South Europe Amid Red Sea Crisis
- Some in Europe may get late deliveries as supply is reshuffled
- At least six Qatari cargoes for Europe diverted around Africa
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Qatar, one of the world’s biggest liquefied natural gas exporters, is delaying some shipments to Europe as the crisis in the Red Sea forces longer travel times.
The Middle East country informed some European buyers of delays and rescheduled shipments, according to traders with knowledge of the matter. It’s reshuffling global supply to meet contractual obligations, diverting deliveries from elsewhere and swapping for available cargoes near Europe, the traders said.