Qatar, which accounts for 18β20% of global LNG trade, halts production following Iranian drone strike
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QatarEnergy says missile attacks on Ras Laffan cut Qatarβs LNG export capacity by 17%, may cost 20 billion dollars a year, take up to five years to repair, and force long-term contract force majeure.
π/@qatarenergy Β·
Iran strikes cripple Qatar, knocking out 17% of its LNG export capacity for 3β5 years and threatening key gas supplies to Europe and Asia.
Reuters Β·
European Gas prices surged 50% after the Qatari LNG production halts
π/@JoumannaTV Β·
QatarEnergy says missile attacks on Ras Laffan cut Qatarβs LNG export capacity by 17%, may cost 20 billion dollars a year, take up to five years to repair, and force long-term contract force majeure.
π/@qatarenergy Β·
Iran strikes cripple Qatar, knocking out 17% of its LNG export capacity for 3β5 years and threatening key gas supplies to Europe and Asia.
Reuters Β·
European Gas prices surged 50% after the Qatari LNG production halts
π/@JoumannaTV Β·