Ras Laffan: How Qatar gas hub attack is hitting Asia and beyond
Ras Laffan, the Qatari hub responsible for a fifth of the world's liquefied natural gas (LNG), is under Iranian attack.
On Wednesday, Qatari officials said that Iranian missile strikes caused “significant damage” at Ras Laffan Industrial City, located 80km from the capital, Doha.
The site was already the subject of an attack on 2 March, which suspended production.
On Thursday, natural gas prices in Europe and Asia soared in response to the attack.
Administered by state-owned QatarEnergy, Ras Laffan spans 295 square kilometres – roughly a third of the size of New York City. It is the centrepiece of Qatar’s lucrative gas operation.
The site processes the Gulf state’s vast gas reserves from the offshore North Field, turning it into LNG, liquefied petroleum gas (LPG), liquid fuels, petrochemical feedstocks and other byproducts.
Iran’s attacks on the area have wiped out billions of dollars of Qatari revenue.
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This article was sourced from Middle East Eye.
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