QatarEnergy CEO Says Two LNG Trains Damaged In Iranian Attacks Will Take About Three Years To Repair, Qatar To Lose 17% Of LNG Capacity (Two Trains) In Interim, Pearl GTL Expected Back By Q1 2027; Says Cannot Offer Long-Term Customers LNG From New Purchase Agreements As Hormuz Backup, Contracts Are Point-To-Point; Says Has Met Iranian Acting Petroleum Minister Twice In Past Two Weeks, Exploring Post-war Cooperation In Oil And Gas
- Reuters Exclusive
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Why It Matters
Qatar's LNG plants got damaged and will take three years to fix. This means less natural gas available worldwide for the next few years.
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