State-owned QatarEnergy may not be able to guarantee deliveries under long-term contracts for up to five years of liquefied natural gas (LNG) bound for Italy, Belgium, South Korea, and China due to Iranian attacks, its CEO said.
QatarEnergy’s CEO, Saad al-Kaabi, said on March 19 that Iranian attacks have knocked out 17 percent of Qatar’s LNG export capacity, causing an estimated $20 billion in annual revenue losses and threatening supplies to Europe and Asia.
