Targeting of Gas Fields Escalates Iran War
After Israel targeted an Iranian gas field, Iran responded by targeting one in Qatar, further destabilizing the energy landscape.
The Iran war has begun to escalate in recent days after Israel targeted an Iranian gas field and Iran responded by targeting one in Qatar, further destabilizing the global energy landscape.
The Iranian missile strike on the Ras Laffan complex caused extensive damage to the world’s largest liquefied natural gas plant. Two facilities that produce 17% of the country’s LNG exports, or about 13 millions tons a year, were affected and it will take three to five years to repair them, QatarEnergy Chief Executive Officer Saad al-Kaabi told Reuters.