DistantNews
Support us
🇵🇾 Paraguay /Conflict & Security

Qatar says Iran war cut Gulf LNG supplies by 90%

From ABC Color · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

Newswire Named sources Ongoing story
  • Qatar's Foreign Ministry spokesman Majed al-Ansari said the war involving Iran had reduced LNG supplies from Gulf Cooperation Council countries by 90% and oil supplies by 77%.
  • He said the figures were unprecedented in previous conflicts and that attacks had damaged Gulf energy capacity, including Qatar's LNG production.
  • Al-Ansari said Gulf states had absorbed the shocks, maintained supply chains and should pursue greater self-sufficiency rather than rely solely on the United States for security.

The war involving Iran has cut liquefied natural gas supplies from the Gulf by 90% and oil supplies by 77%, Qatar's Foreign Ministry spokesman Majed al-Ansari said on Monday.

Speaking at the Hili Forum in Abu Dhabi, al-Ansari said the conflict was having a major impact on the economies of the Gulf Cooperation Council, which includes Qatar, Saudi Arabia, the United Arab Emirates, Oman, Kuwait and Bahrain. "These figures had not been seen in any previous conflict," he said, arguing that the costs borne by the countries directly involved were much lower.

These figures had not been seen in any previous conflict

· Majed al-AnsariQatar's Foreign Ministry spokesman described the reported decline in Gulf energy supplies.

Qatar has faced repeated Iranian retaliatory attacks since the war began on Feb. 28. Al-Ansari said one drone reduced Qatar's LNG production capacity by 17% after attacks targeted facilities including the Ras Laffan gas complex and storage tanks. "A drone that, probably across its entire supply chain, cost no more than $100,000," he said, highlighting the high cost of war for countries not directly involved.

The Gulf states were forced to "absorb the impacts" and demonstrate their "resilience," al-Ansari said. More than 90% of attacks against the Gulf were deterred, he added, while Arab states adopted economic measures to prevent the region's economy from deteriorating.

A drone that, probably across its entire supply chain, cost no more than $100,000

· Majed al-AnsariHe contrasted the low estimated cost of a drone with the economic damage caused by attacks on Qatar's energy infrastructure.

"So far, no Gulf country has exhausted its reserves. No Gulf country has faced problems in its supply chain. Our people living here in the Gulf have not gone to a supermarket and found a single basic product they have used throughout their lives missing," he said.

Al-Ansari also argued that Gulf security could not depend solely on the United States, which has historically acted as the region's protector. The countries, he said, must achieve self-sufficiency to face future challenges.

So far, no Gulf country has exhausted its reserves. No Gulf country has faced problems in its supply chain. Our people living here in the Gulf have not gone to a supermarket and found a single basic product they have used throughout their lives missing

· Majed al-AnsariHe said Gulf states had maintained reserves and basic supplies despite the conflict.
About this summary

Originally published by ABC Color in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

More Stories

From Our Blog