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Qatar LNG Plant Suffers 'Extensive Damage' After Iran Strike

The video reports that Iran launched a strike on Qatar’s Ras Laffan industrial zone, home to multiple LNG export trains and Shell’s Pearl GTL plant, causing extensive damage to the complex. Qatar Energy confirmed severe damage to high‑pressure pipelines, LNG trains and the Pearl GTL facility, while Shell is still assessing the impact. The attack hit the world’s largest offshore gas field—North Field (South Pass to Iran)—following an Israeli strike on the same field, and occurs as the Strait of Hormuz remains largely closed, limiting LNG shipments. Analysts noted that gas prices are spiking not because of oil flow restrictions but due to anticipated prolonged outages at Ras Laffan. “Traders see a longer outage because of damage,” one commentator said, underscoring uncertainty over when Hormuz might reopen. U.S. investors, including ExxonMobil, hold significant stakes in the affected assets. The damage could curtail global LNG supply, pressuring spot prices and prompting buyers to seek alternative sources. Prolonged repairs may reshape energy trade routes and heighten discussions on energy security for both Gulf exporters and import‑dependent markets.