India braces for impact of strikes on energy assets

MISSILE STRIKES ON Qatar’s Ras Laffan Industrial City — the world’s largest LNG export hub — have triggered a major supply shock, disrupting nearly 19% of global LNG output and raising immediate concerns for India, one of the largest buyers of Qatari gas.

- SAURAV ANAND

The March 18 attack hit critical infrastructure including the Pearl GTL facility, with subsequent strikes damaging multiple LNG units and triggering fires, according to Wood Mackenzie. Production has remained halted since March 2, with force majeure declared from March 4, taking around 80 million tonne per annum (MTPA) of LNG out of global supply. The scale of disruption has forced a sharp reassessment of recovery timelines and market outlook.