Gas Shortage for 5 Years? 17% LNG Capacity Halted as Iranian Missiles Cripple Qatar

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Iran Missile Attacks Cripple Qatar: 17% LNG Capacity Halted, Global Gas Supply in Crisis

रास लफान दुनिया का सबसे बड़ा एलएनजी उत्पादन और निर्यात केंद्र है (Wikimedia Commons)

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News18•19-03-2026, 22:07

Iran Missile Attacks Cripple Qatar: 17% LNG Capacity Halted, Global Gas Supply in Crisis

•Iranian missile attacks severely damaged Qatar's Ras Laffan gas hub, halting 17% of its LNG export capacity.
•Two LNG trains and a Gas-to-Liquid plant were hit, causing an estimated $20 billion annual revenue loss for Qatar.
•Repairs could take 3-5 years, leading to a 12.8 million ton annual LNG shortage in the global market.
•Qatar invoked 'force majeure' for 5 years on long-term supply contracts with Italy, Belgium, South Korea, and China.
•The attacks will impact India's LPG prices, South Korea's microchip production, and global oil companies like ExxonMobil.

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