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Second tanker with Qatari LNG struck in Hormuz within a month as force majeure widens

Euronews World · 2026-08-03

AI SUMMARY

• What happened: The GasLog Shanghai, a Qatari LNG tanker, was struck while leaving the Strait of Hormuz, marking the second attack on a Qatari vessel in less than a month, leading to an extension of force majeure on multiple cargoes by QatarEnergy. • Why it matters: The incidents have raised concerns over the security of LNG shipments through the Strait of Hormuz, which is crucial for Qatar's exports, and have resulted in increased insurance premiums and disruptions in supply contracts. • What to watch next: Monitor the security situation in the Strait of Hormuz and any further developments regarding QatarEnergy's force majeure status, as well as potential impacts on global LNG prices and supply chains.

By Mohamed Elashi Published on 03/08/2026 - 12:31 GMT+2 Share Comments Add Euronews on Google Share Facebook Twitter Flipboard Send Reddit Linkedin Messenger Telegram VK Bluesky Threads Whatsapp The GasLog Shanghai was struck while leaving the Strait of Hormuz, weeks after the Al Rekayyat was hit in the same area. Italian utility Edison said QatarEnergy had extended force majeure on a further three cargoes, bringing the total affected to 24 shipments through September. A second attack in less than a month struck a liquefied natural gas tanker loaded in Qatar in the Strait of Hormuz, as QatarEnergy's force majeure deliveries have extended further and insurance premiums have climbed. ADVERTISEMENT ADVERTISEMENT The UK Maritime Trade Operations reported that an unidentified vessel had been struck by a projectile off the coast of Oman. Security consultancies Vanguard Tech and Marisks identified the vessel as the GasLog Shanghai. GasLog confirmed the incident occurred last Friday while the vessel was leaving the strait, and said all crew were safe and accounted for and that the tanker remained stable. The GasLog Shanghai loaded its cargo in Qatar around last Monday and stopped transmitting its position near the strait's western entrance last Friday. It remains unclear who owned the LNG on board. QatarEnergy did not immediately respond to questions about the cargo or whether the incident had affected shipments. GasLog is a Monaco-based LNG shipping company that manages vessels for QatarEnergy and other major gas producers. Significant setback Hormuz is Qatar's only maritime route to international LNG markets. Qatar is the world's second-largest LNG exporter after Australia, shipping approximately 77 million tonnes a year. Almost all of it transits the Strait of Hormuz. The Al Rekayyat, a Qatari-owned tanker carrying LNG, was struck near the strait on 7 July, prompting a three-week pause in Qatari LNG shipments through the waterway. Jean-Christian Heintz, managing director of Switzerland-based LNG consultancy Wideangle LNG, said the second incident was a significant setback. "This is a blow to Qatar's perseverance in mitigating the effects of the crisis," Heintz told Euronews. He said QatarEnergy faced the same risk whether it used its own fleet or third-party carriers. "Even though QatarEnergy has the choice between using ships from its own fleet or from third parties, the risk assessment might not differ," Heintz explained. Using third-party carriers would not necessarily reduce the risk facing Qatar’s LNG shipments, according to Jean-Christian Heintz, managing director of Switzerland-based LNG consultancy Wideangle LNG. “This is a blow to Qatar’s perseverance in mitigating the effects of the crisis,” Heintz told Euronews. “Even though QatarEnergy has the choice between using ships from its own fleet or from third parties, the risk assessment might not differ.” The GasLog Shanghai incident also came days after a drone struck the Energos Winter at Egypt’s Damietta port, causing a fire that spread to another GasLog-managed vessel, the GasLog Salem. No party has claimed responsibility for the Damietta attack. Force majeure remains in place QatarEnergy has been operating under force majeure on some contracts since March, when Iranian attacks on the Ras Laffan industrial complex and the subsequent closure of the Strait of Hormuz disrupted production and shipping. The Ras Laffan complex, which QatarEnergy describes as the world's largest LNG production facility, accounts for the bulk of Qatar's export capacity. Two of its production trains were damaged in the March strikes. Italian utility Edison said QatarEnergy had informed it that a further three LNG cargoes would not be delivered, extending force majeure on supplies to the company through the end of September. In total, 24 cargoes scheduled for delivery to Edison between April and the end of September — representing approximately 3 billion cubic metres of natural gas — are now subject to force majeure. Edison said it had replaced 17 of the affected cargoes and remained able to meet its commitments to customers. The utility has a 25-year supply agreement with QatarEnergy, signed in 2009, covering 6.4 billion cubic metres per year. Related Drone hits US LNG vessel at Damietta in first attack on Egyptian soilIran rejects Hormuz deal and launches surprise strike on US forces in Jordan Heintz said he saw little reason for QatarEnergy to lift force majeure while the security situation remained unresolved. He said each new incident was pushing shipowners, cargo traders and insurers to reassess the cost of transiting the Strait of Hormuz. "Insurance premiums, both for ships and the cargoes they carry, can only rise from this point," he explained. Global gas markets had already adjusted significantly to the disruption but the latest incidents combined with strong European demand to refill storage ahead of winter were "certainly bullish for prices," Heintz concluded. Go to accessibility shortcuts Share Comments Add Euronews on Google Read more Two reported attacks on tankers near Strait of Hormuz Iran rejects Hormuz deal and launches surprise strike on US forces in Jordan US-Iran conflict widens after deadly tanker attack in Strait of Hormuz LNG Liquefied natural gas Qatar Strait of Hormuz Shipping Energy

Source: Euronews World
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