21-March-2026
Economy News
 
India braces for impact of strikes on energy assets
20-Mar-2026

Missile strikes on Qatar’s Ras Laffan Industrial City — the world’s largest LNG export hub — have triggered a major supply shock, disrupting nearly 19% of global LNG output and raising immediate concerns for India, one of the largest buyers of Qatari gas. The March 18 attack hit critical infrastructure including the Pearl GTL facility, with subsequent strikes damaging multiple LNG units and triggering fires, according to Wood Mackenzie. Production has remained halted since March 2, with force majeure declared from March 4, taking around 80 million tonne per annum (MTPA) of LNG out of global supply.

News Source:- https://www.financialexpress.com/policy/economy/india-braces-for-impact-of-strikes-on-energy-assets/4178283/