Iranian Attacks Reduced Qatar's LNG Capacity by 17% for Five Years, Says QatarEnergy CEO
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Iranian Attacks Wipe Out 17% Of Qatar's LNG Capacity For 5 Years, Threatening Global Supply
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News18•19-03-2026, 20:34
Iranian Attacks Wipe Out 17% Of Qatar's LNG Capacity For 5 Years, Threatening Global Supply
•Iranian attacks have destroyed 17% of Qatar's LNG export capacity, resulting in an estimated $20 billion annual revenue loss.
•Two of Qatar's 14 LNG trains and one gas-to-liquids facility were damaged, sidelining 12.8 million tons per year of LNG for 3-5 years.
•QatarEnergy CEO Saad al-Kaabi expressed shock at the attack from a "brotherly Muslim country" during Ramadan.
•Qatar's Prime Minister condemned the attacks on the Ras Laffan facility, highlighting significant repercussions for global energy supplies.
•The attacks are seen as retaliation for US-Israeli strikes on Iran's energy assets, escalating concerns over global energy supplies, especially after the Strait of Hormuz closure.