Natural gas prices jump as Qatar says it is shutting down production after Iranian strikes
Business Insider·2026-03-02 13:21
Qatar's state-owned energy company has halted production of liquefied natural gas, LNG, after Iranian drone attacks damaged one of its production plants. "Due to military attacks on QatarEnergy's operating facilities in Ras Laffan Industrial City and Mesaieed Industrial City in the State of Qatar, QatarEnergy has ceased production of liquefied natural gas (LNG) and associated products," QatarEnergy said in a statement on its website.Natural gas prices surged on Monday, with prices up more than 6%, mirroring ...