Countries around the world are facing a cliff-edge as the flow of liquefied natural gas from the Gulf comes to an abrupt end in the next 10 days, when a handful of final tankers from the region reach their destinations.
Qatar, which produces a fifth of the world’s liquefied natural gas, had to stop exports after Iran blockaded the Strait of Hormuz at the mouth of the Gulf, in the first few days of the conflict.
It has since suffered enormous damage to its giant Ras Laffan LNG plant, which was attacked by Iranian missiles this week, sending gas prices in Asia and Europe soaring.
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