Insight
US and Iran sign MoU to extend ceasefire by 60 days
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
On Sunday 14 June, the US, Iran, and Pakistan – the mediating party – announced a 60-day ceasefire extension. A memorandum of understanding (MoU) has been electronically signed, laying the foundation for a comprehensive peace agreement to be negotiated over the next two months. In the meantime, both sides have agreed that the Strait of Hormuz will reopen on Friday 19 June, following an official signing ceremony in Switzerland.
Table of contents
- How quickly can Qatar resume LNG production?
- How quickly can vessels sail back to load?
- Mine cleaning and congestions will constraint transit through the Strait
- The complexity of vessel ownership and insurance
- Conclusions
Tables and charts
This report includes the following images and tables:
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Southern trains (RasGas) – 17 June 2026Northern trains (Qatargas) – 17 June 2026Map of Qatari vessel locations based on latest known positions – as of 16 June 2026Histogram of sailing days to Ras Laffan for ballast Qatari ships – as of 16 June 2026Cumulative ship loadings at Ras Laffan in the first 30 days – based on available shipping, berth capacity and ramp-up of liquefaction trains
What's included
This report contains:
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