Story perspectives
Ras Laffan LNG Damage Delays Supply, Boosts U.S. Stocks
3/31/2026
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Story summary
- Ras Laffan LNG facility in Qatar, damaged by Iranian missiles, will take up to five years to repair, delaying the return to normal LNG flows.
- U.S. LNG company stocks rise as higher gas prices persist, signaling tighter global supply.
- A significant portion of global LNG supply passes through the Strait of Hormuz, increasing vulnerability amid the Iran crisis.
- The Ras Laffan disruption contributes to price elevation and tighter markets.
