Qatar, Iran
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Iran's Revolutionary Guard had threatened to attack energy facilities in Qatar, Saudi Arabia and the United Arab Emirates.
The Pentagon is seeking about $200 billion in additional funds after nearly three weeks of war with Iran. Overnight, Iran attacked the world's biggest liquefied natural gas complex in Qatar, targeted a gas field and facility in the United Arab Emirates,
The president said had no advanced knowledge of a Wednesday strike on the South Pars gas field.
The BBC reports there is "extensive damage" from "missile attacks" at QatarEnergy's Ras Laffan Industrial City north of Doha, the largest single natural gas export terminal on the planet, which handles almost 20% of the global supply.
Iran had threatened Gulf energy infrastructure after the reported Israeli attack on infrastructure linked to its South Pars gas field.
QatarEnergy CEO Saad al-Kaabi said two of Qatar's 14 LNG trains and one of its two gas-to-liquids facilities were damaged in the unprecedented strikes by Iran.
Iran-Natural-Gas The image above shows the South Pars natural gas field in the Persian Gulf and which portions are controlled by Iran and Qatar. (AP Digital Embed) (Phil Holm/AP) LONDON (AP) — Iran's attack this week on Qatar's natural gas export ...
President Trump said Israel was responsible for the attack, but vowed to “massively” destroy the gas field if Tehran hit Qatar’s energy facilities in retaliation.
Will have to declare force majeure on LNG contracts for up to five years Some 12.8 million tons per year of LNG offline Means about $20 billion of lost annual revenue ExxonMobil holds stakes in damaged LNG facilities Will also impact condensate,
Iran escalated strikes on energy sites in neighboring Gulf states, including a key facility in Qatar, in response to an Israeli attack on South Pa