Iran's Strike on Ras Laffan Could Raise LNG Prices for Years
[By Dr. Adi Imsirovic] On March 19, Ras Laffan, the largest liquified natural gas (LNG) terminal in the world, supplying one-fifth of the world’s super-chilled fuel, was hit by Iranian missiles and drones. The Qatari terminal suffered substantial damage in the strikes – fires were raging across the gas-to-liquids facility within the complex, which covers 295 square kilometres – the size of a large city. Investments worth tens if not hundreds of millions of dollars disappeared into thin air. Damage...
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