Qatar supplies 20 percent of the world’s LNG. If that’s off the table, countries will need to scramble for the remaining gas, driving up prices.
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QatarEnergy has suspended liquefied natural gas (LNG) production following a drone attack, straining the global LNG market.
On Monday, Iranian drones struck two sites, according to Qatar’s Ministry of Defence: a water tank at a power plant in Mesaieed Industrial City and an energy facility in Ras Laffan belonging to QatarEnergy, the world’s largest LNG producer.
