LNG, Iran and Qatar
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An increasing number of purchasers and importers scrambling to secure liquefied natural gas turned to the US on Thursday after the latest attack on Qatar’s massive LNG complex further strained global supplies of the fuel.
By Hyunjoo Jin SEOUL, March 20 (Reuters) - South Korean authorities said on Friday that Iranian attacks on Qatar's energy facilities raise uncertainty, but downplayed concerns about disruption to its liquefied natural gas (LNG) supply,
Qatar’s LNG facilities have been struck again, causing further damage and fires; Jim Chalmers has downgraded Australia’s productivity outlook. Follow live updates.
Strike damage at Qatar’s LNG hub reveals how mega-train design and centralized systems create restart constraints and expose multibillion-dollar expansion projects to risk.
LONDON, March 11 - Several companies that buy liquefied natural gas (LNG) from QatarEnergy as portfolio players or offtakers — including Shell, TotalEnergies and some firms in Asia — have declared force majeure to customers they supply, three sources told Reuters on Wednesday.
The state-run company said it would likely cost about $20 billion a year in lost revenue and take up to five years to repair --- impacting supply to markets in Europe and Asia.
Iran's attack this week on Qatar's natural gas export facility threatens to disrupt not just world energy markets but also global technology supply chains because the helium it produces is crucial for a range of advanced industries.