U.S. natural gas exporters are poised to benefit from the big disruption in global supply caused by the escalating war in the Middle East.
Qatar halted production of liquefied natural gas Monday after Iran struck two key facilities in retaliation for the massive U.S.-Israel airstrikes that killed the Islamic Republic’s head of state, Ayatollah Ali Khamenei.
The shutdown leaves a huge gap. Qatar is the second-biggest LNG exporter in the world behind the U.S., accounting for about 20% of global supply, according to energy consulting firm Kpler.
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U.S. natural gas exporters are poised to benefit from the big disruption in global supply caused by the escalating war in the Middle East.
Qatar halted production of liquefied natural gas Monday after Iran struck two key facilities in retaliation for the massive U.S.-Israel airstrikes that killed the Islamic Republic’s head of state, Ayatollah Ali Khamenei.
The shutdown leaves a huge gap. Qatar is the second-biggest LNG exporter in the world behind the U.S., accounting for about 20% of global supply, according to energy consulting firm Kpler.
More details: [https://cnb.cx/4clVIyQ](https://cnb.cx/4clVIyQ)
US natural gas consumers pay more. Is there anyone who can tell us why any of this was necessary?