Barcelona Faces 15-Day Extension in Gas Ship Waits

Product
Liquified Natural Gas
Message Category
UserPic
Kokel, Nicolas
2/2/2024 6:04 AM

Ships arriving at the port of Barcelona in Spain are experiencing delays of 10-15 days as they navigate around Africa to avoid potential attacks in the Red Sea. This delay impacts various products, including liquefied natural gas.

While delays in the western Mediterranean are shorter due to proximity to the Afrikaans bypass route, Barcelona, being one of Spain's major LNG terminals, is significantly affected.

Despite security concerns, many gas carriers continue to use the Suez Canal route. However, QatarEnergy, the world's second-largest LNG exporter, has ceased sending tankers through the Red Sea, citing safety reasons.

#Spain