Missile strikes damaged key LNG facilities in Qatar, triggering fires and disrupting exports. QatarEnergy says repairs could take up to five years, impacting global gas supplies
Israel's strike on South Pars has put focus on the world's largest gas field shared by Iran and Qatar, a key source of energy that powers both economies and influences global gas supply
The Ras Laffan Industrial City, home to the LNG plant that accounted for about a fifth of global supply before production was halted earlier this month
Iran's state television published a threat Wednesday, saying that the Islamic Republic would be attacking oil and gas infrastructure in Qatar, Saudi Arabia and the United Arab Emirates. The threat resembled other attack warnings put out by Iran during the war, copying the style used by the Israeli military. Iran specifically threatened Saudi Arabia's Samref Refinery and its Jubail Petrochemical Complex. It also threatened the UAE's Al Hasan Gas Field and the petrochemical plants and a refinery in the Qatar. It comes after Iran said its South Pars gas field and associated infrastructure came under attack earlier Wednesday.
Asian LNG spot prices may rise to $14/mmbtu in 2026 amid West Asia conflict, with Strait of Hormuz disruptions curbing supply and keeping shipping traffic constrained
Trump had said twice on Monday that Iran's retaliatory strikes against Qatar, Saudi Arabia, the United Arab Emirates, Bahrain and Kuwait were a surprise
The embassy said Qatar's airspace is only partially open, resulting in limited flight operations by Qatar Airways
According to the Indian Embassy in Beirut, the first batch of 177 Indian nationals was repatriated to New Delhi on a charter flight arranged by their employer on Wednesday
Shell has an equity partnership with QatarEnergy in the massive Ras Laffan LNG plant, the largest single plant in the world, which shut down last week following a drone attack on the facility
Analysts at Morgan Stanley said that if the LNG outage in Qatar extends beyond a month, the global LNG market forecast could quickly swing from surplus to deficit
As tensions in West Asia disrupt oil and LNG flows through the Strait of Hormuz, Indian energy firms are invoking force majeure clauses to suspend contractual obligations amid rising maritime risks
This is the first engagement between Iran and Qatar made public since the war started over the weekend
Qatar supplies Europe and predominantly Asian markets, with over 80 per cent of its customers in China, Japan, India, South Korea, Pakistan and other countries in the region
Qatar has halted liquefied natural gas (LNG) production after its facilities came under attack amid the ongoing West Asia conflict, disrupting supplies to India and squeezing feedstock availability for key domestic sectors. India, which depends on long-term LNG contracts with Qatar for a significant share of its gas needs, has seen a temporary suspension of cargoes, leading to supply cuts up to 40 per cent for a range of industrial consumers and city gas distribution (CGD) companies. While some industrial users can switch to alternative - though costlier - fuels, the CNG-retailing city gas sector has warned of severe stress. CGD operators said replacing contracted Qatari volumes with spot LNG priced at more than double the contracted rate could erode CNG's price advantage and result in a permanent shift of customers to electric vehicles. Petronet LNG Ltd, India's largest LNG importer, hasn't been able to send ships to Qatar to ferry LNG as the Strait of Hormuz - a narrow shipping ..
The "war premium" has pushed Brent crude toward the $100 per barrel threshold, reigniting stagflation ary fears that central banks thought they had conquered
Qatar, India's largest supplier of imported natural gas, has declared force majeure on deliveries following a halt in production in the wake of an Iranian drone strike -- a disruption that has led to a cut in supplies to Indian industry by up to 40 per cent, sources said. Qatar supplies about 40 per cent of the nearly 27 million tonnes of liquefied natural gas (LNG) that India imports annually to meet demand across sectors ranging from power generation and fertiliser production to CNG distribution and piped cooking gas networks. Gas importer Petronet LNG Ltd has informed gas marketers of Qatar halting its liquefied natural gas production after Iran continued to strike Gulf countries in retaliation for Israeli and US strikes against it, they said. The attacks have also effectively brought oil and LNG shipments through the Strait of Hormuz to a near halt, driving up global energy prices as well as sharply raising war-risk insurance and shipping costs. Iran controls the Strait -- a vi
The UAE's Ministry of Foreign Affairs released a statement rejecting what it called "false and misleading claims published by Bloomberg"
Qatar halted its liquefied natural gas production on Monday, as Iran continued to strike Gulf countries in retaliation for Israeli and US strikes against it
The state-owned firm blamed the war for the decision
The proceeds were initially deposited in an account in Qatar to protect it from seizure