Qatar's $25bn LNG damage and the urgent need for gas industry resilience
Just read about how the global gas industry is in crisis after attacks on Qatar's Ras Laffan-the world's most expensive site damaged in recent conflicts. It'll take $25 billion and up to 5 years to fix, halting 20% of global LNG supply through the Strait of Hormuz. With Asia heavily reliant on LNG for power, and supply chains disrupted, the industry is being forced to diversify and build more resilient systems. The key takeaway? Energy security now depends on a balanced mix of sources and suppliers, not just depending on one region.
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