Market participants remain cautious about the prospect of LNG export normalization from Qatar’s massive Ras Laffan liquefaction plant following an agreement on Jun. 14 between the US and Iran on a memorandum of understanding (MOU) outlining a 60-day ceasefire and a gradual reopening of the Strait of Hormuz.
Qatari LNG Export Ramp Up Uncertain After US-Iran MOU
Traders remain uncertain over how fast Qatari LNG exports can ramp up and whether the Strait of Hormuz is safe enough to transit.
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