Israel, Iran and Qatar
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QatarEnergy has offered up five slots for unloading, storage and regasification of liquefied natural gas at Belgium's Zeebrugge terminal for the month of April, three industry sources said on Wednesday,
QatarEnergy said the attack hit its liquefied natural gas facilities at Ras Laffan Industrial City and Mesaieed Industrial City.
LONDON, March 11 - Several companies that buy liquefied natural gas (LNG) from QatarEnergy as portfolio players or offtakers — including Shell, TotalEnergies and some firms in Asia — have declared force majeure to customers they supply, three sources told Reuters on Wednesday.
About a fifth of the global supply of liquified natural gas comes through the Gulf, primarily from Qatar. With that supply halted, possibly for weeks, major importers in Europe and Asia will need to look elsewhere.
QatarEnergy is pushing back the start of a major liquefied natural gas expansion project to at least 2027 after a drone attack last week that forced the unprecedented closure of its Ras Laffan plant.
Iranian drone strikes that forced QatarEnergy to shut down LNG production have halted exports from one of the world’s largest suppliers, tightening global gas markets and driving prices higher in Asia and Europe.
Qatar’s Ras Laffan LNG halt is tightening global gas supply, lifting European and Asian prices amid Iran conflict.
Qatar appears to have loaded its first liquefied natural gas cargo after the widening conflict in the Middle East forced it to halt fuel production and declare an unprecedented force majeure to buyers.
Qatar’s halt to LNG production comes as the Middle East country has been a top exporter of the liquefied gas. The disruption to Qatar’s liquefied natural gas production from the ongoing U.S.-Israel war against Iran could give a boost to the next wave of U.
Qatar LNG exports halt as Strait of Hormuz closes, lifting European gas prices. See top U.S. LNG stocks & quant ratings (Cheniere, VG).
Qatar is offering at least two liquefied natural gas tankers that it controls for lease, as the country’s massive export facility in the Gulf remains shut due t
Potential prospects for a significant rise in liquefied natural gas (LNG) production could mitigate the impact of the present geopolitical uncertainty on Qata...