Qatar's LNG Capacity Hit as Iran Strikes Disrupt Global Supplies
India's liquefied natural gas (LNG) supplies from Qatar are under threat due to Iranian strikes on energy facilities in the Middle Eastern nation. According to a government official, India relies on Qatar for about 41% of its gas imports, with Qatar supplying 11.2 million tons of LNG in 2024/25. This represents over 40% of India's total LNG imports that year.
Iranian attacks have knocked out 17% of Qatar's LNG export capacity, causing an estimated $20 billion in lost annual revenue and threatening supplies to Europe and Asia. The facilities catering to Indian demand have not been affected by the attack, but Indian industry officials are still cautious about potential disruptions.
'(LNG) capacity of Qatar has been hit, this will hit us too,' Sujata Sharma, a joint secretary in the federal oil ministry, told a news conference. India is Qatar's second-biggest LNG customer, and any disruption to supplies could have significant economic implications for both countries.