Qatar Loses $24 Billion as LNG Exports Collapse 96%
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Qatar’s LNG exports plunge 96%, costing Doha $24 billion
Six months into the military conflict between the U.S. and Iran, Qatar’s liquefied natural gas exports have plunged 96%, resulting in approximately $24 billion in lost revenue, Reuters reported on Wednesday. Doha has been forced to halt much of its LNG production — its primary driver of export earnings — due to attacks on oil infrastructure and inability to physically move it to customers, wiping out the equivalent of roughly five months of Qata…
While dealing with Iran and Oman for the reopening of the strait, Doha tries to stop a hemorrhage that in six months of war cost him 24 billion dollars. The reverb, however, does not feel alone in the Gulf. If the absence of qatariata gas should be possible, Brussels would be forced to increase purchases on the commercial market up to 56 billion cubic meters
Qatar Loses $24 Billion as LNG Exports Collapse 96%
Six months since the Iran war crippled Qatar’s LNG exports via the Strait of Hormuz, the world’s second-largest liquefied natural gas exporter has lost $24 billion in sales as exports tumbled by as much as 96%, Reuters calculations showed on Wednesday. The number of LNG cargoes that Qatar has managed to export crashed to just 18, down from 509 cargoes shipped from Qatar in the same period of last year, per data from data intelligence firm ICIS c…
In six months of conflict in the Middle East, Qatar, the world's second largest exporter of liquefied natural gas, has seen its exports collapse. Since February 2026, it has fallen by 96%, from 509 cargoes to only 18. This economic crisis has cost the emirate $24 billion in lost revenues, equivalent to five months of public revenue. While European gas stocks are historically low as winter approaches, households in the Old Continent are preparing…
The gas crisis is aggravated by an extreme fact: Qatar has lost $24 billion in sales of liquefied natural gas in six months. The second largest LNG exporter in the world has seen its shipments drop by 96% since the war with Iran closed its natural exit through the Strait of Ormuz. The figures are difficult to assimilate. According to Reuters estimates cited by Oilprice, the number of LNG vessels that managed to leave Qatar was reduced to 18, com…
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