Iran attack

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Damaged Ras Laffan LNG facilities in Qatar after Iranian attack, with QatarEnergy CEO addressing the media amid smoke and wreckage.
Bild generiert von KI

QatarEnergy eyes force majeure on LNG contracts after Iran attack damage

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Following Iran's attack on Qatar's Ras Laffan LNG facilities, QatarEnergy CEO Saad al-Kaabi warned of declaring force majeure on long-term contracts, including those with South Korea's KOGAS, as repairs to damaged production trains could take three to five years, sidelining 17% of export capacity. South Korean officials downplayed supply risks due to alternatives.

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