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Weeks of War Are Reshaping Global Gas Market for Years to Come
Posted
March 19, 2026
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March 19, 2026
7,236
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5:12Now PlayingEach week the world’s largest liquefied natural gas plant remains shut, the world loses the equivalent of enough energy to power Sydney’s homes for an entire year.
Qatar’s Ras Laffan plant closed earlier this month after an Iranian drone attack, the first interruption to supply in three decades of operation. Now, after further hits — in retaliation for an Israeli strike on the vast South Pars fields on Wednesday — the wider complex has suffered what Qatar describes as extensive damage. Bloomberg's Salih Yilmaz breaks down the potential long term impact across the globe.
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