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QatarEnergy: Iran Takes Out 17% of LNG Capacity
Qatar Energy's operating facilities on March 3, 2026 in Ras Laffan Industrial City, Qatar. Qatar Energy announced a complete halt to liquefied natural gas production at its Ras Laffan and Mesaieed facilities on March 2, 2026, after Iranian attacks targeted energy facilities. (Getty Images)
Iranian attacks have knocked out 17% of Qatar's liquefied natural gas export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy's CEO said Thursday. The repairs will sideline 12.8 million tons per year of LNG for three to five years. [Full Story]
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