March 25, 2026 2:41 PM

QatarEnergy declares force majeure after missile strikes

QatarEnergy has declared force majeure on several long-term liquefied natural gas supply contracts following Iranian missile strikes on key facilities at Ras Laffan Industrial City. The disruption is expected to affect buyers in South Korea, China, Italy and Belgium. Iranian missiles struck Ras Laffan on March 18 and 19, damaging two LNG production trains and a gas-to-liquids facility. The attacks triggered fires and knocked out about 17 % of Qatar’s LNG export capacity ,roughly 12.8 million ...

March 20, 2026 9:49 AM

Iran attacks wipe out 17% of Qatar’s LNG capacity for up to five years, QatarEnergy CEO says

Iranian attacks have knocked out 17% of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy's CEO and state minister for energy affairs told Reuters on Thursday. Saad al-Kaabi said two of Qatar's 14 LNG trains and one of its two gas-to-liquids (GTL) facilities were damaged in the unprecedented strikes. The repairs will sideline 12.8 million tons per year of LNG for three to five yea...