Qatar halts 20% of global gas supply

Qatar’s LNG exports normally amount to about 20 % of the world’s total global supply — a huge share that helps keep gas flowing to Europe and Asia.

With Qatar’s major export facilities offline, gas markets worldwide are tightening and prices have risen sharply. European gas benchmarks surged as traders reacted to the sudden shortage. 

The disruption affects not just traditional energy markets but also industries tied to gas production — for example, helium prices spiked too because much of the world’s helium is produced alongside LNG in Qatar. 

The halt followed regional strikes and security threats tied to the wider Middle East conflict, including attacks on energy infrastructure that made operations unsafe. 

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