Qatar LNG news

QatarEnergy expects the damage to its Ras Laffan Industrial City to cost about US$20 billion a year in lost revenue and to take up to five years to repair.

Missile attacks on Qatar’s Ras Laffan Industrial City have caused extensive damage including fires, fundamentally altering the global gas market outlook, according to Wood Mackenzie analysis.

QatarEnergy has confirmed that several of its LNG facilities were the subject of missile attacks, causing sizeable fires and extensive further damage.

ICIS has outlined several disruption scenarios to examine the potential implications of the ongoing Strait of Hormuz disruption for European gas prices, LNG availability, and storage levels.

Wood Mackenzie has warned that the Middle East conflict threatens 200 million tpy of Asian LNG demand growth over the next decade as Qatar declares force majeure on shipments.

Further to its announcement to stop production of LNG and associated products, QatarEnergy has declared force majeure to its affected buyers.

ICIS has provided analysis and context on the evolving situation in the Middle East and its impact on energy markets.

Due to military attacks on QatarEnergy’s operating facilities in Ras Laffan Industrial City and Mesaieed Industrial City in Qatar, QatarEnergy has ceased production of LNG and associated products.

Technip Energies, as leader of the T.ENCCCGAC joint venture with Consolidated Contractors Company and Gulf Asia Contracting, has been awarded an EPCC contract by QatarEnergy for the onshore LNG facilities of the North Field West project.

Worley Ltd has been awarded a contract by Samsung C&T Corp. to deliver detailed engineering services for the QatarEnergy LNG carbon dioxide sequestration.