After Qatar LNG Plant Strike More Buyers Look to US
March 20, 2026
Iranian missile strikes have inflicted “extensive damage” on Qatar’s Ras Laffan Industrial City, home to the world’s largest LNG export complex and a facility that historically supplied roughly one-fifth of global LNG. QatarEnergy declared force majeure on its entire LNG output following the attacks, with two of 14 production trains damaged and repairs expected to sideline 12.8 million metric tons per annum (mtpa) — about 17% of Qatar’s export capacity — for three to five years. The disruption has already halted shipments and triggered downstream force majeure notices from major traders such as Shell and TotalEnergies. Asian spot LNG prices are
