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Iran attacks threaten Ras Laffan LNG supply for years

QatarEnergy estimates repairs to Ras Laffan LNG Trains 4 and 6 will remove about 12.8 million tonnes per year of capacity for three to five years.

Reported · Written up by our desk · Energy

OilPrice reports that the US-Iran conflict has pushed up natural gas prices, especially in Europe and Asia, where LNG imports from Middle East producers like Qatar and the UAE play a major role. Asia accounts for nearly 90% of LNG shipments from key Middle East sources, while Europe imports about 7% to 11% from the same region.

The outlet says spring 2026 missile and drone strikes hit Ras Laffan LNG Trains 4 and 6, as well as Pearl GTL Train 2. QatarEnergy estimates repairs to the two Ras Laffan units will sideline about 12.8 million tonnes per year of LNG capacity for three to five years, while Pearl GTL co-owners Qatar Energy and Shell expect a year-long outage for repairs.

OilPrice also points to a wider supply chain effect, citing S&P Global Energy’s Platts Commodities Focus podcast that disrupted shipping through the Strait of Hormuz turned rising geopolitical tension into a logistics concern for Qatari exports. The article adds that Shell’s LNG Outlook 2026 expects global LNG demand to rise to nearly 700 million tonnes per year by 2050, about 65.0% higher than 2025 levels, as countries seek more flexible energy security.

The article frames the developments as part of whether new LNG megaprojects can keep pace with long-term demand growth, and it identifies five of the largest LNG projects under development.

Latest closeNat gas $2.748 ▼1.6%

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