QatarEnergy stops LNG Production over Iran Attacks

02 Mar QatarEnergy stops LNG Production over Iran Attacks

(Oilandgaspress) -Due to military attacks on QatarEnergy’s operating facilities in Ras Laffan Industrial City and Mesaieed Industrial City in the State of Qatar, QatarEnergy has ceased production of liquefied natural gas (LNG) and associated products.

QatarEnergy values its relationships with all of its stakeholders and will continue to communicate the latest available information.

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Shortly after the announcement, benchmark Dutch and British wholesale gas prices soared by almost 50 percent, while benchmark Asian LNG prices jumped almost 39 percent.