"Iranian attacks have knocked out 17 percent of Qatar's liquefied natural gas (LNG) export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia."
"Saad al-Kaabi said two of Qatar's 14 LNG trains and one of its two gas-to-liquids (GTL) facilities were damaged in the unprecedented strikes."
"The repairs will sideline 12.8 million tons per year of LNG for three to five years, he said in an interview."
"I never in my wildest dreams would have thought that Qatar would be-Qatar and the region-in such an attack."
In 1993, a visit to Qatar revealed discomfort with the local culture and labor practices, particularly the use of young boys as camel jockeys. Over time, Qatar's geopolitical landscape has changed, especially with recent Iranian attacks damaging LNG export capacity. These attacks have resulted in a significant loss of revenue and threaten energy supplies to Europe and Asia. The CEO of QatarEnergy noted that repairs will take years, highlighting the unexpected nature of such regional conflicts.
Read at Esquire
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