As War Strands Qatari Gas for 6 Months, US Sales Rise and European Stocks Plummet
Qatar has exported just 18 LNG cargoes, down from 509 a year earlier, as attacks on tankers and shipping risks cut gas sales by $24 billion.
6 Articles
6 Articles
The Iranian strikes of 18 and 19 March 2026 severely damaged two liquefaction trains at the Ras Laffan complex, the world's largest liquefied natural gas production facility. Six months later, Qatar struggled to restore its exports: only 18 cargoes left the country compared to 509 in the same period the previous year, a 96% fall. Combined with the repeated closures of the Strait of Ormuz, these technical difficulties created an energy deficit th…
QATAR HAS REDUCED MINISTRY BUDGETS BY 30% AND FOREIGN AID BY AROUND 85% AS THE WAR WITH IRAN IS HAVING A GROWING IMPACT ON THE GULF STATE'S FINANCES. The Financial Times reports, noting that Iranian attacks on Ras Laffan, the world's largest liquefied natural gas (LNG) production and transshipment hub, have reduced Qatar's export capacity by 17%, and disruptions to maritime traffic in the Strait of Hormuz have further limited energy supplies. Re…
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