Qatar LNG Output Capacity Reduced By 17 Pc For 5 Years

Providing an update, Minister of State for Energy Affairs and QatarEnergy President and CEO Saad Sherida Al-Kaabi said "The missile attacks reduced Qatar's LNG export capacity by 17 per cent and caused an estimated loss of USD 20 billion in annual revenue- Extensive damage to our production facilities will take up to five years to repair and will compel us to declare long-term force majeure.”