Ras Laffan

facility

Last mentioned: Mar 2, 2026

Timeline

  1. Drone Attack

    Iranian drones target the Ras Laffan LNG complex in Qatar.

  2. Production Halt

    QatarEnergy announces a total shutdown of the world's largest LNG export facility.

  3. Market Reaction

    European gas prices rally more than 50% as global energy markets react to the supply shock.

Stories mentioning Ras Laffan 1

Disruptions Bearish

Qatar LNG Shutdown Triggers 50% Surge in European Gas Prices

A drone attack on Qatar's Ras Laffan facility has forced a total shutdown of the world's largest LNG export hub, removing 20% of global supply from the market. The resulting 50% spike in European gas prices signals a major energy security crisis and potential industrial disruptions across the continent.

2 sources