US EditionIran attack wipes out 17% of Qatar’s LNG capacity for up to five years, QatarEnergy CEO says
Iranian strikes damaged two LNG trains and a gas-to-liquids plant, sidelining 12.8 million tons per year and causing $20 billion in annual revenue losses, QatarEnergy said.
- Iranian attacks have disabled about 17% of Qatar’s LNG export capacity, leading to an estimated $20 billion in annual revenue losses.
- Saad al-Kaabi, CEO of QatarEnergy, said damage to key LNG trains and a GTL facility will reduce output by 12.8 million tons per year for 3–5 years.
- The disruption threatens energy supplies to Europe and Asia, with Kaabi expressing shock at the scale and timing of the attack.
39 Articles
39 Articles
With Israel attacking South Pars, Iran's largest gas field, and Iran retaliating by bombing Qatar's Ras Laffan, which produces 20% of the world's liquefied natural gas (LNG), the conflict is on the verge of escalating into an unprecedented "energy war." The massive gas refinery targeted by the attack is expected to take at least several years to repair due to its complex engineering challenges. Consequently, there are concerns that the energy cr…
Saad al-Kaabi, chief executive of Qatar's national energy company QatarEnergy, said Iran's attacks had knocked 17 percent of the country's liquefied natural gas (LNG) export capacity out of line.
Times of India
The Economic TimesIran attack wipes out 17% of Qatar LNG capacity; ‘never in my wildest dreams,’ says QatarEnergy CEO
The recent escalation of hostilities has struck a devastating blow to Qatar's energy infrastructure, severely impacting crucial facilities that underpin a large portion of the countrys liquefied natural gas exports. Experts warn that recovery could take years, potentially shaking the foundations of global LNG supplies.
Iran attack wipes out 17% of Qatar’s LNG capacity for up to five years, QatarEnergy CEO says
Iranian attacks have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy's CEO told Reuters on Thursday.
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