LNG, Qatar
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Qatar, Iran
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European natural gas prices soared 20 per cent in early trading on Tuesday, as the market continued to reel from Qatar’s decision to stop production. Israel said it has attacked Tehran and Beirut “simultaneously” as the war enters its fourth day. Hizbollah said it had launched multiple strikes on Israel.
Qatar shut down liquefied natural gas production at the world’s largest export facility after it was targeted in an Iranian drone attack, sending European gas prices surging more than 50% and rattling global energy markets.
Hotels are being asked to extend stays until airport operations resume and tourists are able to leave.View on euronews
Missile Interceptions: The UAE Ministry of Defence confirmed that air defense systems intercepted a “third wave” of Iranian ballistic missiles early this morning (Tuesday). While most were neutralized, some debris has been reported in residential areas.
Power-station coal prices jumped the most in three years as an unprecedented shutdown of Qatar’s liquefied natural gas plant raised the needs for fuel-switching in the electricity sector.
The Doha News live blog is updated regularly amid the developments in Qatar in light of Iran’s attacks on the country amid the war with Israel and the U.S.
European natural gas prices soared 20 per cent in early trading on Tuesday, as the market continued to reel from Qatar’s decision to stop production after Iran targeted energy infrastructure in the Gulf state.
Qatar's military shot down a pair of SU24 tactical bomber planes flying from Iran and intercepted seven ballistic missiles and five drones.