Iran attacks cut 17% of Qatar’s LNG capacity for up to 5 years: QatarEnergy
Al Jazeera
CEO Saad al-Kaabi says QatarEnergy may have to declare force majeure on long-term contracts for up to five years.
Iranian attacks on Qatar have wiped out 17 percent of its liquefied natural gas (LNG) export capacity, causing an estimated $20bn in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy’s CEO says.
Saad al-Kaabi told the Reuters news agency on Thursday that two of Qatar’s 14 LNG trains, the equipment used to liquefy natural gas, and one of its two gas-to-liquids facilities were damaged in Iranian strikes this week.
The repairs will sideline 12.8 million tonnes of LNG production per year for three to five years, he said.
“I never in my wildest dreams would have thought that Qatar would be – Qatar and the region – in such an attack, especially from a brotherly Muslim country in the month of Ramadan, attacking us in this way,” al-Kaabi said in an interview.
His comments came hours after Iran on Wednesday launched a series of attacks on oil and gas facilities across the Gulf region after the Israeli military bombed its South Pars offshore gasfield.
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