Iranian strikes sideline LNG capacity, driving up European gas prices, while Qatar expands its North Field supply.
3 reports, 2 independent
Updated Sat 00:00
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What happened
Iranian strikes sideline LNG capacity, driving up European gas prices, while Qatar expands its North Field supply.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.S&P Global Ratings maintained Qatar's sovereign credit rating despite Iranian strikes damaging LNG trains.1 source
- The NFS project for QatarEnergy LNG is underway, with a joint venture between Technip Energies France and CCC serving as the EPC contractor, and Ampo Poyam Valves supplying key components.Sub-event
Iranian strikes disrupt LNG supply, causing price hikes in Europe and prompting Qatar's expansion.1 source
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The entities involved
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Qatar
country in West Asia
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Iran
village in North Ossetia, Russia
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Europe
terrestrial continent located in north-western Eurasia
Related events
- War in the Middle East caused a Qatari LNG shutdown, forcing Pakistan to secure LNG cargo from the United States.
- The war in Iran affects global energy prices, leading to increased demand for LNG shipments destined for European markets.
- Qatar leads mediations for Iran amidst joint strikes that initiated the war.
- China resumes aggressive LNG purchasing as disruptions intensify concerns over global gas supply.
- IRGC Navy claimed responsibility for attacks affecting global energy supplies, while Saudi Arabia expressed solidarity with Qatar.