Iran-Israel conflict threatens global gas supply stability
after close1 source ↓written by the desknot a recommendation
- of annual output
- 12.8 million tons
- of Qatar’s LNG
- 17%
The ongoing conflict between Iran and Israel has led to the closure of Qatar’s Ras Laffan LNG plant following a drone attack. This disruption, affecting 12.8 million tons of annual output, represents 17% of Qatar’s LNG exports. Buyers are now facing potential long-term price increases, particularly impacting emerging markets reliant on LNG. ⚡
• Energy crisis could escalate
• Five-year repair timeline for plant
• Higher prices expected for industrial demand
Not investment advice. For informational purposes only.