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Providing an update on the damage from the missile attacks on Ras Laffan Industrial City Extensive damage to our production facilities will take up to five years to repair and will compel us to declare long-term force majeure Doha, Qatar - 19 March 2026 QatarEnergy expects the damage to its Ras Laffan Industrial City caused by missile strikes, which occurred on Wednesday 18 March 2026, and in the early hours of Thursday 19 March 2026, to cost about $20 billion a year in lost revenue and to take up to five years to repair, impacting supply to markets in Europe and Asia. Providing an update on the damage to the facilities at Ras Laffan Industrial City, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said "I am relieved to confirm that no one was injured by these unjustified and senseless attacks, which weren't just an attack on the State of Qatar but attacks on global energy security and stability. This was an attack on all of us who stand for development and human progress that is sustained by a fair, reliable, and secure access to energy." The attacks damaged two liquefied natural gas (LNG) producing Trains 4 and 6 totaling 12.8 million tons per annum (MTPA) of production, representing approximately 17% of Qatar's exports. Train 4 is a joint venture between QatarEnergy (66%) and ExxonMobil (34%), and Train 6 is a joint venture between QatarEnergy (70%) and ExxonMobil (30%). His Excellency Minister Al-Kaabi said: "The damage sustained by the LNG facilities will take between three to five years to repair. The impact is on China, South Korea, Italy and Belgium. This means that we will be compelled to declare force majeure for up to five years on some long-term LNG contracts." The attacks also targeted the Pearl GTL (Gas-to-Liquids) facility, a production sharing agreement operated by Shell, that converts natural gas into high-quality cleaner burning drop-in fuels and produces base oils used to make premium engine oils and lubricants, and paraffins and waxes. "The damage caused to one of the two trains at Pearl GTL is being assessed and is expected to be offline for a minimum of one year" His Excellency Minister Al-Kaabi added. It should be noted that there will be a loss of associated product production due to this outage as follows: • Condensates: 18.6 million barrels which is around 24% of Qatar's exports • LPG: 1.281 MT which is around 13% of Qatar's exports • Naphtha: 0.594 MT which is around 6% of Qatar's exports • Sulfur: 0.18 MT which is around 6% of Qatar's exports • Helium: 309.54 MCFA which is around 14% of Qatar's exports His Excellency the Minister of State for Energy Affairs, the President and CEO of QatarEnergy paid tribute to the Qatari military and security forces and to the energy sector emergency response teams whose courage and extraordinary professionalism ensured the situation was contained quickly and safely. QatarEnergy Statement on Missile Attacks on its LNG Facilities Doha, Qatar - 19 March 2026 In addition to the previous attack on Ras Laffan Industrial City on Wednesday 18 March 2026 that resulted in extensive damage to the Pearl GTL (Gas-to-Liquids) facility, QatarEnergy confirms that in the early hours of Thursday 19 March 2026, several of its Liquefied Natural Gas (LNG) facilities were the subject of missile attacks, causing sizeable fires and extensive further damage. Emergency response teams were deployed immediately to contain the resulting damage with no reported casualties. QatarEnergy will continue to communicate the latest available information. QatarEnergy Statement on Missile Attacks on Ras Laffan Industrial City Doha, Qatar - 18 March 2026 QatarEnergy confirms that Ras Laffan Industrial City this evening has been the subject of missile attacks. Emergency response teams were deployed immediately to contain the resulting fires, as extensive damage has been caused. All personnel have been accounted for and no casualties have been reported at this time. QatarEnergy will continue to communicate the latest available information. QatarEnergy declares Force Majeure Doha, Qatar - 04 March 2026 Further to the announcement by QatarEnergy to stop production of liquefied natural gas (LNG) and associated products, QatarEnergy has declared Force Majeure to its affected buyers. QatarEnergy values its relationships with all of its stakeholders and will continue to communicate the latest available information. QatarEnergy to stop downstream production Doha, Qatar - 03 March 2026 Further to the decision by QatarEnergy to stop production of liquefied natural gas (LNG) and associated products, QatarEnergy is stopping the production of some downstream products in the State of Qatar, including urea, polymers, methanol, aluminum and other products. QatarEnergy values its relationships with all of its stakeholders and will continue to communicate the latest available information. QatarEnergy to stop production of LNG Doha, Qatar - 02 March 2026 Due to military attacks on QatarEnergy's operating facilities in Ras Laffan Industrial City and Mesaieed Industrial City in the State of Qatar, QatarEnergy has ceased production of liquefied natural gas (LNG) and associated products. QatarEnergy values its relationships with all of its stakeholders and will continue to communicate the latest available information. QatarEnergy press release
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