ADNOC Defies Hormuz Risks as UAE LNG Exports Continue

The UAE is still exporting liquefied natural gas, despite the threat of strikes in the Strait of Hormuz. According to a Bloomberg report, an ADNOC LNG tanker appeared in the Persian Gulf earlier today, successfully exiting the Strait of Hormuz, reportedly with its location devices turned off to avoid detection. The publication noted that earlier this month, Iranian forces had attacked a Qatari LNG carrier, sapping appetite for risky moves among energy shippers. Bloomberg also said that ADNOC was loading another LNG carrier at its Das Island facility…