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Global LNG Crisis Looms as Qatar Plant Shuts Down

3/9/2026

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Story summary
  • The closure of Qatar's Ras Laffan LNG plant could create a global LNG deficit if the outage lasts beyond a month.
  • Morgan Stanley warns prices could rise to as much as $30 per million British thermal units due to the disruption.
  • U.S. LNG exporters, including Venture Global and Cheniere Energy, could profit, with about $4 billion in the first month.