Iran attack wipes out 17 pct of Qatar’s LNG capacity for up to five years: QatarEnergy CEO

(Reuters/Al Arabiya) Iranian attacks have knocked out 17 percent of Qatar’s liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia, QatarEnergy’s CEO told Reuters on Thursday. Saad al-Kaabi said two of Qatar’s 14 LNG trains and one of its two gas-to-liquids (GTL) facilities were damaged in the unprecedented strikes. The repairs will sideline 12.8 million tons per year of LNG for three to five years, he said. – Iran attack wipes out 17 pct of Qatar’s LNG capacity for up to five years: QatarEnergy CEO