{
  "id": 7334552,
  "title": "Qatar LNG won’t return to normal when Hormuz reopens, executives say",
  "url": "https://urgent.news/2026/09/14/qatar-lng-wont-return-to-normal-when-hormuz-reopens-executives-say",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-14T14:20:30.000Z",
  "source": {
    "name": "The National Business",
    "slug": "the-national-business",
    "url": "https://www.thenationalnews.com/business/energy/2026/09/14/qatar-lng-wont-return-to-normal-when-hormuz-reopens-executives-say/"
  },
  "original_language": "en",
  "account": "Qatar and the UAE have suffered significant damage to their liquefied natural gas (LNG) export capacity after Iranian strikes damaged two of their 14 export trains, removing 12.8 million tonnes of capacity from the market each year. QatarEnergy estimates repairs will take three to five years, meaning even if the Strait of Hormuz is reopened, supplies will not immediately return to pre-war levels. The strait is the only outlet for Qatari and Emirati LNG to international markets, with no alternative pipelines or routes. About 17 percent of Qatar's LNG capacity is currently offline. Shipping constraints also persist, with LNG tankers slow to return to the Gulf due to high war-risk insurance costs and security concerns. As a result, the global LNG market has a thinner supply cushion than in previous years, with a replacement gap of about 10 million tonnes. This has particularly exposed Europe before winter, as storage levels are historically low and Asian buyers are competing for replacement cargoes. Prices have risen significantly, with Asian prices up about 150 percent year-to-date and European prices up about 100 percent. Qatar is preparing for a prolonged shortfall by seeking multiyear US LNG contracts to 2031 and diversifying suppliers. The industry is also shifting towards long-term contracts and diversification to protect against future disruptions.",
  "summary": "Reopening the Strait of Hormuz will not return Qatari and UAE liquefied natural gas exports to normal, with damaged facilities and soaring insurance costs set to keep supplies constrained for months or years, gas executives said on Monday. About 17 per cent of Qatar’s LNG capacity is offline after Iranian strikes damaged two of its 14 export trains, removing 12.8 million tonnes a year from the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The National UAE",
        "title": "Qatar LNG won’t return to normal when Hormuz reopens, executives say",
        "url": "https://urgent.news/2026/09/14/qatar-lng-wont-return-to-normal-when-hormuz-reopens-executives-say-7336088",
        "published": "2026-09-14T14:20:30.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}