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Market Chatter: Second Adnoc LNG Cargo Appears to Exit Persian Gulf During Iran War

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Adnoc appears to have exported a second liquefied natural gas cargo through Hormuz since the war began in late February, according to multiple media reports.

Ship-tracking data showed Adnoc-owned tanker Mraweh carrying cargo near northern Indonesia on Wednesday.

After remaining idle near Hormuz's eastern passage on Apr. 19, the vessel disappeared from tracking systems for more than two weeks before reappearing.

Only one other LNG shipment has exited the Persian Gulf since the conflict began, with the Mubaraz tanker resurfacing near southern India after disappearing in late March, according to media reports.

Satellite imagery captured Tuesday showed another tanker berthed at Das Island, signaling Adnoc continues loading LNG cargoes, according to a Bloomberg report.

Risks across Hormuz remain elevated as Washington and Tehran continue struggling to secure a peace agreement while maintaining separate blockade measures.

Adnoc did not immediately respond to' request for a comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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