🚨IRAN WAR – SOMETHING BIG JUST HAPPENED IN THE LAST FEW HOURS…

 

 

On the night of March 18th, Iranian missiles struck Ras Laffan Industrial City in Qatar.

 

The world’s largest LNG export facility.

 

Four missiles were intercepted. One got through.

 

QatarEnergy confirmed it: “extensive damage.” Multiple fires. The Pearl GTL facility destroyed. Two of the plant’s 14 production trains obliterated.

 

No casualties. But the damage?

 

Permanent.

 

Here are the numbers that should be on every front page.

 

QatarEnergy’s CEO Saad al-Kaabi confirmed to Reuters this morning:

 

17% of Qatar’s entire LNG export capacity — gone.

 

12.8 million tonnes per year. Offline.

 

Repairs: 3 to 5 years minimum.

 

The damaged units cost approximately $26 billion to build.

 

ExxonMobil holds a 34% stake in one of the damaged trains and 30% in another. This isn’t just Qatar’s problem. It’s Wall Street’s problem.

 

And the collateral damage goes beyond LNG:

 

– Qatar’s condensate shipments expected to fall 24%.

– LPG output down 13%.

– Helium production down 14%.

– Naphtha and sulphur output both down 6%.

 

Now connect the dots.

 

Qatar supplies 20% of the world’s LNG.

 

Ras Laffan has been shut since March 2nd — the first attack.

 

Now the facility itself is extensively damaged.

 

Wood Mackenzie — one of the world’s leading energy consultancies — said Thursday that even when this war ends and the Strait of Hormuz reopens,

 

Qatari LNG production will not fully resume within weeks as previously expected.

 

Their exact assessment: “The attacks fundamentally reshape the global LNG outlook.”

 

Supply disruption to global natural gas — now likely to last longer than two months. Possibly years.

 

Europe is the most exposed.

 

European gas futures surged 35% after news of the Ras Laffan damage broke.

 

Germany entered this war with gas storage at just 20.6%. Netherlands at 10.7%.

 

They were already dependent on Qatari LNG to replace Russian gas lost in 2022.

 

That replacement supply — now damaged for 3 to 5 years.

 

There is no spare capacity in the global LNG market to absorb this loss. The US is running at near full capacity. Australia can’t scale overnight.

 

The world is short 12.8 million tonnes per year. For years.

 

And here’s what nobody is saying out loud.

 

This attack happened in retaliation for Israel’s strike on South Pars.

 

South Pars was struck. Iran hit Ras Laffan back.

 

Trump then threatened to destroy South Pars completely if Iran keeps hitting Qatar.

 

If he does — Iran said it will launch “complete destruction” of US energy facilities across the region.

 

This is no longer a military war with energy consequences.

 

This is an energy war.

 

And the world just lost 3-5 years of Qatari LNG production in a single night.

 

That’s not good.