Qatar eyes full LNG production recovery within weeks

QatarEnergy had suspended LNG production following attacks on its Ras Laffan plant in March, which damaged two production trains and accounted for approximately one-fifth of the facility's total capacity. The situation was further complicated by an explosion at the Ras Laffan plant on Sunday, attributed to a technical accident, which resulted in 13 fatalities and at least 66 injuries.

Al-Thani emphasized the importance of establishing a direct communication hotline between the United States and Iran as a crucial step toward ensuring stability in the Strait of Hormuz and preventing future disruptions to global shipping. The return of Qatari LNG to the market is expected to alleviate supply concerns that have kept gas prices elevated in Europe and Asia.