Iranian drone strikes force Qatar to halt key LNG production operations
Qatar Energy, the state-owned giant and one of the world’s largest liquefied natural gas producers, has reportedly halted operations at two facilities after drones launched from Iran struck the sites.
The Qatari Ministry of Defense said in a statement, Which Two drones struck facilities In the country, no casualties were reported.
The attacks also targeted a water tank at a power station in Mesaieed and a major power station in Ras Laffan.
Qatar suspends liquefied natural gas operations after Iranian drones struck its facilities.
The Ras Laffan complex in Qatar is the largest LNG export facility in the world, making it one of the most important energy centers in the world.
About 20% of global LNG trade passes across borders Strait of Hormuz In 2024, mainly from Qatar, according to US Energy Information Administration.
The markets reacted on Monday with… Benchmark natural gas futures contracts in Europe It rose by the largest margin since the 2022 energy crisis sparked by the Ukraine war, Bloomberg I mentioned.
People gather as smoke rises in an industrial zone after reported Iranian missile attacks, following US and Israeli strikes on Iran, in Doha, Qatar, March 1, 2026. (Reuters/Mohamed Salem)
Bloomberg also reported that Dutch TTF natural gas prices rose by 50% following news of the shutdown. LNG prices in Asia It also recorded gains as traders tried to assess the size and length of the disruption.
“The threat to security of supply is here and now,” Simone Tagliapietra, an analyst at Brugel, told Bloomberg. He added: “The extent of this will depend on the duration of the closure, but we are now facing a new scenario.”
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In the Kingdom of Saudi Arabia, Another drone attack caused A fire at the Ras Tanura oil refinery in the Kingdom, leading to a partial closure there as well.
Saudi authorities did not announce any casualties, but the attack raised fears of broader instability in the Gulf energy corridor, according to reports.
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