{"id":122924,"date":"2026-03-02T21:13:52","date_gmt":"2026-03-03T02:13:52","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/iranian-drone-strikes-shut-down-qatar-lng-production-facilities-as-energy-prices-surge-122924"},"modified":"2026-03-02T21:13:52","modified_gmt":"2026-03-03T02:13:52","slug":"iranian-drone-strikes-shut-down-qatar-lng-production-facilities-as-energy-prices-surge","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/iranian-drone-strikes-shut-down-qatar-lng-production-facilities-as-energy-prices-surge-122924","title":{"rendered":"Iranian drone strikes shut down Qatar LNG production facilities, as energy prices surge"},"content":{"rendered":"<div>\n<p>Iranian drone strikes forced Qatar to halt <a href=\"https:\/\/www.foxnews.com\/category\/energy\" target=\"_blank\" rel=\"noopener\">liquefied natural gas (LNG) production<\/a> Monday, jolting global energy markets and raising fears about supply disruptions as Tehran increased its attacks on regional infrastructure.<\/p>\n<p>QatarEnergy, the state-owned giant and one of the world\u2019s largest LNG producers, suspended operations at two facilities after drones launched from Iran hit the sites, according to reports.<\/p>\n<p>Qatar\u2019s Ministry of Defense also said in a <a href=\"https:\/\/qna.org.qa\/en\/news\/news-details?id=ministries-of-defense-interior-foreign-affairs-armed-forces-interrupted-waves-of-iranian-missiles-no-casualties&amp;date=1\/03\/2026\" target=\"_blank\" rel=\"noopener nofollow\">statement,<\/a> that <a href=\"https:\/\/www.foxnews.com\/world\/gulf-states-condemn-iranian-retaliatory-strikes-territories-following-us-israeli-operation\" target=\"_blank\" rel=\"noopener\">two drones hit facilities<\/a> in the country, though no casualties were reported.<\/p>\n<p>The attacks also targeted a water tank at a power plant in Mesaieed and a key energy installation in Ras Laffan.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/opinion\/america-strikes-iran-again-has-washington-planned-what-comes-next\" target=\"_blank\" rel=\"noopener\"><strong>AMERICA STRIKES IRAN AGAIN \u2014 HAS WASHINGTON PLANNED FOR WHAT COMES NEXT?<\/strong><\/a><\/p>\n<p>Qatar\u2019s Ras Laffan complex is the world\u2019s largest LNG export facility, making it one of the most critical energy hubs in the world.<\/p>\n<p>About 20% of global LNG trade transited the <a href=\"https:\/\/www.foxnews.com\/world\/strait-hormuz-maritime-incidents-follow-us-israeli-operation-epic-fury-strikes-iran\" target=\"_blank\" rel=\"noopener\">Strait of Hormuz<\/a> in 2024, primarily from Qatar, according to the <a href=\"https:\/\/www.eia.gov\/international\/overview\/country\/qat\" target=\"_blank\" rel=\"nofollow noopener\">U.S. Energy Information Administration.<\/a><\/p>\n<p>Markets reacted Monday with <a href=\"https:\/\/www.foxnews.com\/category\/finance\" target=\"_blank\" rel=\"noopener\">Europe\u2019s benchmark natural gas futures<\/a> surging by the largest margin since the 2022 energy crisis triggered by the Ukraine war, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-02\/european-gas-rallies-more-than-30-as-qatar-halts-lng-production\" target=\"_blank\" rel=\"noopener\">Bloomberg <\/a>reported.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/world\/global-shipping-grinds-halt-near-iran-us-quietly-prepares-possible-strike-heightened-risk\" target=\"_blank\" rel=\"noopener\"><strong>GULF SHIPPING OPERATIONS GRIND TO HALT NEAR IRAN, US QUIETLY PREPARES FOR POSSIBLE STRIKE: &#8216;HEIGHTENED RISK&#8217;<\/strong><\/a><\/p>\n<p>Bloomberg also reported Dutch TTF natural gas prices rose by 50% after news of the shutdown. <a href=\"https:\/\/www.foxnews.com\/category\/world\/world-regions\/asia\" target=\"_blank\" rel=\"noopener\">Asian LNG prices<\/a> also recorded gains as traders tried to assess the scale and length of the disruption.<\/p>\n<p>&#8220;The threat to security of supply is here and now,&#8221; Simone Tagliapietra, an analyst at Bruegel, told Bloomberg. &#8220;The extent of it will depend on the duration of the shutdown, but we are now into a new scenario.&#8221;<\/p>\n<p>In Saudi Arabia, <a href=\"https:\/\/www.foxnews.com\/world\/fires-rage-irans-bandar-abbas-naval-headquarters-strait-hormuz-traffic-stalled\" target=\"_blank\" rel=\"noopener\">another drone attack caused<\/a> a fire at the kingdom\u2019s Ras Tanura oil refinery, forcing a partial shutdown there as well.<\/p>\n<p>Saudi authorities have not reported casualties, but the attack heightened fears of broader instability in the Gulf\u2019s energy corridor, according to reports.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/world\/iranian-drone-strikes-shut-qatar-lng-production-facilities-energy-prices-surge\">Source &#8211; https:\/\/www.foxnews.com\/world\/iranian-drone-strikes-shut-qatar-lng-production-facilities-energy-prices-surge <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Iranian drone strikes forced Qatar to halt liquefied natural gas (LNG) production Monday, jolting global energy markets and raising fears about supply disruptions as Tehran [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-122924","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Iranian drone strikes shut down Qatar LNG 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