Why the damage to Qatar’s gas infrastructure could push costs higher for years to come

By Adi Imsirovic, Lecturer in Energy Systems, University of Oxford

On March 19, Ras Laffan, the largest liquified natural gas (LNG) terminal in the world, supplying one-fifth of the world’s super-chilled fuel, was hit by Iranian missiles and drones. The Qatari terminal suffered substantial damage in the strikes – fires were raging across the gas-to-liquids facility within the complex, which covers 295 square kilometres – the size of a large city.

Investments worth tens if not hundreds of millions of dollars disappeared into thin air. Damage was estimated to be so extensive…

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