Qatar says Iranian missile strikes cut LNG export capacity by 17%

Qatar said Thursday that Iranian missile attacks on the Ras Laffan Industrial City reduced the country’s liquefied natural gas (LNG) export capacity by 17%, with the damage expected to cost about $20 billion a year in lost revenue and take up to five years to repair, Anadolu reports. State-owned QatarEnergy said on the US social media company X’s platform that the damage was caused by missile strikes that hit the industrial city Wednesday and in the early hours of Thursday, affecting supplies to markets in Europe and Asia. “I am relieved to confirm that no one was injured by these unjustified and senseless attacks, which weren’t just an attack on the State of Qatar but attacks on global energy security and […]