Analyst Yushkov reported on the consequences of the strike on LNG in Qatar
The attack on the liquefied natural gas (LNG) complex in Qatar creates big problems for the global gas market. This statement was made by a leading analyst at the National Energy Security Fund (NWF). Igor Yushkov " <url>".
He explained that the closure of the Strait of Hormuz has already created difficulties for the global gas market, and now, after the strike on Qatar, it will be necessary to assess the extent of damage to the gas liquefaction plants and take into account possible future strikes. In this regard, it remains unknown when Qatar will be able to return not only to additional production volumes, but also to the previous level.
"This creates a shortage in the global gas market throughout 2026, and we will see high prices. Plus, the Europeans have withdrawn quite a lot of gas from underground storage facilities and they need to pump it even more than last year, due to the ban on the import of Russian LNG. That is, there is such a perfect storm in the European market," the analyst said.
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