Empty liquefied natural gas (LNG) tankers are lining up off Qatar’s massive Ras Laffan LNG complex in the Persian Gulf, awaiting a ramp-up in production amid progress in U.S.-Iran peace talks. At least eight idle LNG carriers have gathered near the Ras Laffan facilities after most transited the Strait of Hormuz last week, according to vessel-tracking data compiled by Bloomberg. The report also notes that another LNG carrier is en route to the facility, while two more are approaching the eastern entrance of the Strait of Hormuz.
Ras Laffan: World’s Largest LNG Export Hub
Ras Laffan is operated by QatarEnergy—the state-owned energy company—and is the world’s largest LNG export terminal. However, output has been largely halted since Iranian attacks damaged infrastructure and the regional conflict led to near-closure of the Strait of Hormuz, a critical maritime chokepoint.
Resuming exports depends heavily on safe passage through the Strait. A recent attack on a cargo vessel yesterday reignited concerns—prompting one LNG tanker to reverse course before entering.
Preparations for Rapid Ramp-Up
QatarEnergy, which exported nearly one-fifth of global LNG supply last year, is currently testing equipment and conducting essential maintenance to prepare for a swift production increase. Several production units are operating at reduced capacity—enabling limited deliveries to neighboring countries while keeping the facility ready to scale up output as conditions allow.
Qatar aims to return to full LNG production within weeks, Prime Minister Sheikh Mohammed bin Abdulrahman Al-Thani told the Financial Times this week.
While the 10-day average of LNG exports from Ras Laffan has more than doubled over the past month, it remains about 80% below last year’s levels, according to ship-tracking data.