Mar. 19 at 7:45 PM
QatarEnergy is considering a 3–5 year force majeure on about 17% of its LNG capacity following Iranian attacks, potentially removing over 1.7 Bcf/d from global supply. The disruption at Ras Laffan—one of the world’s largest LNG hubs—could tighten markets significantly once the conflict ends, even if short-term impact is limited.
As the world’s top LNG exporter, any sustained outage from Qatar may reshape global gas dynamics and ease prior concerns about oversupply. Bank of America highlights that U.S. producers with LNG exposure, such as APA Corporation and EOG Resources, could benefit. The shift may also support Henry Hub prices, especially as Qatar had been expected to drive major supply growth later this decade.
$APA $EOG