Doha (UrduPoint / WAM – 20 March 2026 AD) Qatari Minister of State for Energy Affairs, Managing Director and CEO of Qatar Energy Company Eng. Saad bin Sherida Al-Kaabi revealed that the Iranian attacks disrupted 17 percent of… QatarLiquefied natural gas (liquefied natural gas), causing losses estimated at about $20 one billion In annual revenue and supply threat to Europe and Asia.
In an interview, she quoted it Qatar news The minister stated that two out of 14 liquefied natural gas processing units, in addition to one of the two gas-to-liquids plants, were damaged by these attacks.
He pointed out that the repair work will stop the production of 12.8 million tons of liquefied natural gas annually for a period ranging from from Three to five years.
He added: “It never occurred to me, not even in my worst nightmares Qatar, Qatar And the region will be exposed to such attacksespecially from sister Muslim During the country RamadanAnd in this way.”
He explained that Qatar Energy maybe Have to declare “force majeure” on long-term contracts for a period of up to five years for the supply of liquefied natural materials gas (liquefied natural gas) to Italy, Belgium, South Koreaand ChinaThis is due to damage to the two processing units.
He said in this context: “This means that these are long-term contracts, and we have to declare force majeure on them. We have already announced that, but for a shorter period. Now, it will be for the necessary period.”
He also pointed out that the American a company ExxonMobil is a partner in the affected LNG facilities, holding a 34 percent interest in the S4 LNG processing unit and a 30 percent interest in the S6 unit.
He further explained that It costs The cost of building the affected units is about $26 one billion. “To resume production, we must first stop the fighting,” he said.
Qatar Energy Company had declared a state of force majeure in its entirety gas Production after previous attacks on its production facilities in Ras Laffan.