Skip to main content

Iran attacks wipe out 17% of Qatar’s LNG capacity for up to five years, Qatar Energy CEO says

Iranian attacks ‌have knocked out 17% 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, QatarEnergy's CEO and state minister for energy affairs told Reuters on Thursday. 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 tonnes per year of LNG for three to five years, he said ​in an interview. QatarEnergy CEO Saad Al-Kaabi reports $20B in annual revenue loss after attacks hit LNG units. Exports to drop by 12.8M tons/year, potentially triggering Force Majeure for Italy, China, and Korea. ExxonMobil remains a key partner in affected sites.#QatarEnergy #LNG #Energy… pic.twitter.com/r7KXdJ690j — What's Goin On Qatar (@wgoqatar) March 19, 2026 "I never in my wildest dreams would have thought that Qatar would be — Qatar and the region — ...
Post a Comment

Dar arrives in Riyadh for meeting of Arab, Muslim FMs amid Middle East crisis

Deputy Prime Minister and Foreign Minister Ishaq Dar arrived in Riyadh on Wednesday to attend a meeting of foreign ministers from regional Arab and Islamic countries as Pakistan continues diplomatic efforts to tone down the conflict in the Middle East. FM Dar was received upon arrival by Pakistan’s Ambassador to Saudi Arabia Ahmed Farooq, along with representatives of the Saudi Foreign Ministry. Deputy Prime Minister / Foreign Minister Senator Mohammad Ishaq Dar @MIshaqDar50, arrived in Riyadh to participate in the Consultative Ministerial Meeting of Foreign Ministers from Arab and Islamic countries, hosted by the Saudi Arabia. He was received upon arrival by Pakistan’s… pic.twitter.com/L6BwNJiMbr — Ministry of Foreign Affairs - Pakistan (@ForeignOfficePk) March 18, 2026 The Foreign Office said FM Dar would use the meeting to reiterate Pakistan’s diplomatic position amid escalating tensions in the Middle East. 🔊PR No.7️⃣0️⃣/2️⃣0️⃣2️⃣6️⃣ Curtain Raiser:Visit of Deputy Prime Minister/Foreign Minister to Saudi Arabia to Attend Meeting on Regional Developments https://t.co/16kckQo6pg 🔗⬇️ pic.twitter.com/VRV2K9EjZQ — Ministry of Foreign Affairs - Pakistan (@ForeignOfficePk) March 18, 2026 "During the meeting, the DPM/FM will express complete support for the territorial integrity, sovereignty, and political independence of all brotherly countries in the region, and call for an end to all attacks on their territory," the statement said. It added that he would reaffirm Pakistan’s call for an immediate end to the ongoing conflict and stress the need to resume dialogue and diplomacy. He is also expected to highlight Pakistan’s diplomatic initiatives and its commitment to playing a constructive role in addressing the region’s growing security challenges. The visit comes as the United States and Israel’s war against Iran intensifies, deepening instability across the Middle East. Iranian state television reported today that Iran targeted Tel Aviv with missiles carrying cluster warheads, describing the attack as retaliation for Israel’s assassination of Iran’s security chief Ali Larijani. Earlier, on March 12, Prime Minister Shehbaz Sharif travelled to Riyadh for detailed discussions on the regional situation with Saudi Crown Prince Mohammed bin Salman. Read: Govt intensifies efforts to assist nationals as Middle East crisis deepens Amid rising tensions following US-Israeli strikes on Iran, Pakistan has reiterated its strong strategic commitment to Saudi Arabia while urging restraint to avoid a broader regional conflict. Prime Minister’s spokesperson for foreign media Mosharraf Zaidi previously underscored the depth of ties between Islamabad and Riyadh, saying Pakistan would stand by Saudi Arabia if required. “The question is not whether Pakistan might come to Saudi Arabia's aid… we will. No matter what, no matter when,” he said, adding that Pakistan’s immediate focus remains on preventing further escalation and ensuring regional partners are not drawn deeper into the conflict. Iran has responded to the US-Israeli strikes with waves of drone and missile attacks not only toward Israel but also against Gulf states hosting US military installations, including Saudi Arabia, widening the conflict’s regional impact. The escalation has struck key infrastructure across Gulf countries, including airports, ports, hotels, and oil and military facilities. Disruptions to oil and gas shipments through the Strait of Hormuz, a route carrying roughly one-fifth of the world’s petroleum and liquefied natural gas, have intensified economic concerns. Airspace closures across the region have also forced airlines to cancel around 40,000 flights, marking the largest disruption to global air travel since the COVID-19 pandemic.

from Latest World News, International News | Breaking World News https://ift.tt/swUphgV
Labels:

Comments

Post a Comment

Popular posts from this blog

At least 32 miners dead after bridge fails at cobalt site in southeast DR Congo

A bridge collapsed at a cobalt mine in southeast Democratic Republic of Congo killing at least 32 wildcat miners, a regional government official said Sunday. The bridge came down Saturday onto a flooded zone at the mine in Lualaba province, Roy Kaumba Mayonde, the provincial interior minister, told reporters. He said 32 bodies had been recovered and more were being searched for. The DRC produces more than 70 percent of the world supply of cobalt, which is essential for batteries used in electric cars, many laptop computers and mobile phones. More than 200,000 people are estimated to be working in giant illegal cobalt mines in the giant central African country. Local authorities said the bridge collapsed at the Kalando mine, about 42 kilometres (26 miles) southeast of the Lualaba provincial capital, Kolwezi. "Despite a formal ban on access to the site because of the heavy rain and the risk of a landslide, wildcat miners forced their way into the quarry," said Mayonde. He said ...
Post a Comment
Read more

US, Philippines kick off joint military drills in South China Sea with 16,000 troops

Some 16,000 US and Philippine troops kicked off the annual joint military drills on Monday in the West Philippine Sea (WPS), local media reported. WPS is the official designation by Philippines to the parts of the South China Sea that are included in the country's exclusive economic zone. The 19-day exercises, dubbed "Balikatan 2024," will involve around 5,000 Philippine and 11,000 US troops, making it the largest joint military drills between the two allies conducted in decades, local English daily Manila Times reported citing the military. A total of 14 nations, including Japan and India, will take part in the drills as observers amid mounting maritime tensions in the South China Sea. Contingents from the Australian Defence Force and the French Navy will also join the exercise as participants. Read also: China urges US to stop using Philippines as a pawn to destabilise South China Sea France will join the group sail but will only navigate on the edge of the Philippine E...
Post a Comment
Read more

Indian devotees splurge on jets, gold idols as Hindu temple opens

The private jet parking lots at airports near the Indian city of Ayodhya are full and the shops have run out of gold-plated idols, as wealthy devotees prepare for the invite-only opening ceremony of one of Hinduism's holiest temples. Indian Prime Minister Narendra Modi and Asia's richest man Mukesh Ambani are among the 8,000 or so attendees at Monday's inauguration event for the Ram Temple, which devotees believe is built on the birthplace of Lord Ram, a sacred Hindu deity. The construction of the temple, which began after the Supreme Court awarded the site to Hindus in 2019 more than two decades after a Hindu mob razed a mosque there, triggering deadly riots, fulfils a key campaign promise of Modi and his Hindu nationalist party. Read BJP-promised temple transforms Ayodhya: Muslims, locals feel neglected The opening ceremony, organised by the trust that built the temple, comes months before a national election which the ruling Bharatiya Janata Party is widely expected to w...
Post a Comment
Read more