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Qatari LNG halt after Iranian attacks spikes European gas prices 45%.
European gas prices rose nearly 45% to over 46 euros per megawatt-hour on Monday after QatarEnergy halted LNG production following attacks by Iran on two of its major gas processing facilities.
The Dutch TTF benchmark reflected the surge, driven by fears of prolonged supply disruptions in the Gulf region.
Prices had already climbed over 20% earlier in the week amid regional instability.
The outage at Qatar’s key infrastructure has heightened concerns about energy security in Europe, which relies heavily on LNG imports.
No details on damage or recovery timelines have been released, but the market reaction underscores the vulnerability of global energy supply chains.
La suspensión de GNL de Qatar después de los ataques iraníes eleva los precios europeos del gas en un 45%.