Hormuz reopening unlikely to quickly unwind LNG supply backlog: lawyers

Middle East LNG exporters could spend years resolving contractual disputes and restoring missed deliveries after LNG tanker traffic through the Strait of Hormuz resumes, with a backlog of claims potentially affecting cargo programming well into 2027, contract lawyers have told Platts. “A key question remains whether base volumes are restored first, or whether deferred and make-up volumes takeMiddle East LNG exporters could spend years resolving contractual disputes and restoring missed deliveries after LNG tanker traffic through the Strait of Hormuz resumes, with a backlog of claims potentially affecting cargo programming well into 2027, contract lawyers have told Platts. “A key question remains whether base volumes are restored first, or whether deferred and make-up volumes takeRead More