Suez ship congestion could delay 10 LNG cargoes to Europe - analysts

Stranded container ship Ever Given, one of the world's largest container ships, is seen after it ran aground, in Suez Canal, Egypt March 25, 2021. Suez Canal Authority/Handout via REUTERS

(Reuters) - Dislodging a container ship blocking the Suez Canal, one the world’s busiest trade routes, may delay delivery to Europe of around 1 million tonnes of liquefied natural gas (LNG) on 10 vessels if the blockage lasts for two weeks, researcher Rystad Energy said.

The canal is the main route for LNG cargoes heading from the Middle East to Europe and for some cargoes heading from the Mediterranean to Asia. Salvage officials said the congestion could take weeks to resolve.