Qatar to Restore LNG Output Within Weeks as Iran Damage Idled 20% of Ras Laffan
Updated
Updated · Bloomberg · Jun 24
Qatar to Restore LNG Output Within Weeks as Iran Damage Idled 20% of Ras Laffan
3 articles · Updated · Bloomberg · Jun 24
Summary
Qatar expects liquefied natural gas output to return to normal within weeks, restarting production from undamaged parts of its Ras Laffan export complex.
Two damaged production trains had knocked out about a fifth of capacity after Iranian attacks in early March largely halted output and all but shut the Strait of Hormuz.
QatarEnergy is preparing the restart as US-Iran peace talks show progress toward ending the war and reopening the strait, a key route for LNG exports.
After a deadly explosion at its facility, can Qatar truly restore vital LNG exports within weeks?
With the US denying a key Iranian demand, will the fragile Strait of Hormuz peace deal collapse?
The peace deal promises safe passage, but what hidden dangers still await ships in the Strait of Hormuz?
Ras Laffan 2026: The Iranian Missile Strike That Shook Global Gas Markets and Accelerated the Energy Transition
Overview
In March 2026, an Iranian missile attack struck Qatar’s Ras Laffan Industrial City, causing extensive damage and a complete shutdown of production at one of the world’s most important LNG hubs. This triggered an 8% drop in global LNG output, leading to a supply shock that rippled through energy markets, especially in Europe, where reduced LNG availability forced a shift to alternative fuels and hindered gas storage. The crisis deepened regional instability, with companies invoking force majeure and further disruptions from a deadly explosion during restoration efforts. These events highlight how targeted attacks on critical infrastructure can quickly escalate into global energy and economic turmoil.