Iran attacked Ras Laffan LNG Industrial Complex

[Administrator]

QatarEnergy has estimated that missile strikes on Ras Laffan Industrial City on 18–19 March 2026 will result in roughly $20 billion in annual lost revenue, with repairs expected to take up to five years. The damage is also likely to disrupt energy supplies to key markets in Europe and Asia.

In a statement addressing the incident, Minister of State for Energy Affairs and QatarEnergy CEO Saad Sherida Al-Kaabi confirmed that no injuries were reported. He condemned the attacks, describing them as unjustified and harmful not only to Qatar but to global energy security and stability, emphasizing their broader impact on economic development and reliable energy access.

The strikes affected two LNG production units—Trains 4 and 6—with a combined capacity of 12.8 million tons per year, representing about 17% of Qatar's LNG exports. Both facilities are joint ventures with ExxonMobil. Repairs to the damaged LNG infrastructure are expected to take between three and five years, potentially forcing QatarEnergy to declare force majeure on some long-term supply contracts, particularly affecting countries such as China, South Korea, Italy, and Belgium.

The Pearl GTL facility, operated by Shell, was also targeted. One of its two production trains sustained damage and is expected to remain offline for at least a year. This outage will reduce output of several associated products, including condensates, liquefied petroleum gas, naphtha, sulfur, and helium—each representing notable shares of Qatar's export volumes.

Al-Kaabi also praised the swift response of Qatar's military, security forces, and energy sector emergency teams, noting their professionalism in containing the situation safely and efficiently.