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Italy, Belgium set to lose gas supply after biggest LNG plant bombed

5 hours ago
  • #QatarEnergy
  • #LNG Supply
  • #Energy Crisis
  • Qatar warns of scrapping LNG supply contracts with Italy and Belgium due to production damage from an Iranian attack.
  • QatarEnergy CEO states the damage could affect deliveries for up to five years.
  • The attack impacts a significant share of Qatar's LNG production capacity in the Persian Gulf.
  • Affected countries include Italy, Belgium, South Korea, and China.
  • Qatar produces a fifth of the world's liquefied natural gas (LNG).