Iranian Attack On Qatar Gas Facilities Cuts LNG Output By 17%, Repairs May Take Up To 5 Years

Iranian missile and drone attacks have damaged key gas facilities in Qatar, cutting about 17% of the country’s liquefied natural gas (LNG) export capacity.

The strikes hit Ras Laffan Industrial City, one of the world’s biggest LNG hubs, and could take up to five years to fully repair.

The disruption is expected to cost Qatar around $20 billion every year and may affect gas supplies to Europe and Asia.

QatarEnergy said two of its 14 LNG trains were badly damaged. These units, known as Train 4 and Train 6, together produce about 12.8 million tonnes of LNG per year out of the country’s total capacity of 77 million tonnes.

One unit at the Pearl gas-to-liquids plant was also hit and may stay shut for at least a year.

QatarEnergy chief Saad Sherida Al-Kaabi said the company will have to declare force majeure on some long-term contracts. This means it will not be able to supply agreed LNG volumes to buyers in countries like Italy, Belgium, South Korea and China.

He added that the disruption could last between three and five years, depending on how quickly repairs can begin and whether the situation in the region improves.

The damaged LNG trains are partly owned by ExxonMobil, which holds a 34% stake in one unit and 30% in the other. The Pearl GTL facility is operated by Shell.

Qatar expects its condensate exports to fall by about 24%, LPG by 13%, helium by 14%, and naphtha and sulphur by around 6% each. These products are used in daily life and industries, including cooking fuel and electronics manufacturing.

The attacks happened after Israel struck Iran’s gas infrastructure, including parts linked to the South Pars Gas Field.

Iran then responded by targeting energy facilities across the Gulf. Iranian officials have warned they will respond strongly if their infrastructure is attacked again.

The damage has also affected Qatar’s plans to expand production from the North Field, the world’s largest gas reserve. Work on the project has slowed, and delays of more than a year are possible.

References: Reuters, Upstreamonline

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