Damage to Qatar LNG trains ‘will cut helium output by 14%’ for many years

2 weeks ago 10

Rommie Analytics

The latest attacks by Iran on Qatar facilities have damaged infrastructure that accounts for 17% of QatarEnergy’s liquefied natural gas (LNG) export capability, Reuters reports. The attacks will also cut helium output by 14%, said QatarEnergy. QatarEnergy CEO Saad al-Kaabi told the news agency today, “I never in my wildest ‌dreams ⁠would have thought that Qatar would be, Qatar and the region, in such an ⁠attack, especially from a brotherly Muslim country in the month of ⁠Ramadan, attacking us in this way.” That cut in production capability equates to an estimated $20bn in lost revenues each year, including the value...
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