Qatar and Iran under pressure. The scale of destruction of energy infrastructure is record-breaking
The scale of destruction, including key LNG installations, refineries and fuel terminals, exceeds the losses resulting from the potential closure of the Strait of Hormuz.
The rest of the article below the video:
The published analysis indicated that the greatest damage occurred to the Qatari Ras Laffan complex and the Iranian South Pars gas field. Damage also included storage infrastructure and processing units. Damage was reported in Qatar, Iran, Saudi Arabia, the United Arab Emirates, Kuwait, Iraq and Bahrain.
Read also: This is the great winner of the war in Iran. He earns $760 million. daily
Rystad Energy experts emphasize that reconstruction time depends on the type of installation and local repair possibilities. In the case of large LNG complexes in Qatar and offshore infrastructure in Iran, this process may take from several months to five years. Limited availability of key equipment such as gas turbines, which take two to four years to deliver, also remains a problem.
Norwegian analysts point out that the effects of the destruction may be more severe than the blockade of the Strait of Hormuz.
— Losses related to the closure of the strait mainly relate to the transport of oil and gas, while damaged infrastructure prevents a rapid restoration of previous levels of production and supplies – emphasized in the report.
Read also: There will be relief for drivers. The government adopted draft laws on fuel price reductions
Rystad Energy, an independent analytical company from Oslo, specializes in the energy market, providing data and forecasts for key players such as OPEC, the International Energy Agency and the World Bank.
