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News India Live, Digital Desk: The ongoing tension in the Middle East has taken its most frightening turn yet. Iran and Qatar’s giant LNG Infrastructure This powerful attack has shaken the energy security of the entire world. Qatar’s total gas production capacity was destroyed in this attack. 17% share It has been completely reduced to debris. According to initial estimates, Qatar will receive approximately US$20 billion There has been huge economic loss.
Ground Zero of the attack: Ras Laffan
The target of the attack was Qatar’s ‘Ras Laffan’ industrial city, which is considered to be the world’s largest LNG complex.
Great devastation: The head of QatarEnergy has confirmed that vital parts of the plant have been ‘irreparably damaged’.
5 years of exile: Experts and officials say it will take at least a year for the plant to return to its full capacity. 3 to 5 years It may take a long time.
What will be its impact on India?
This news is no less than a big shock for India, because India meets almost all its needs. More than half is LNG (more than 47%) Buys from Qatar only.
Supply chain disruption: Qatar has hinted at invoking ‘Force Majeure’, which means it will no longer be able to guarantee gas supplies under the agreements.
CNG and electricity will be expensive: Due to shortage of gas, there may be a huge rise in the prices of CNG, PNG and fertilizers in India.
‘Gas war’ breaks out between Iran and Israel
This attack is being considered a counterattack by Israel to the attacks on Iran’s gas fields.
Threat of Strait of Hormuz: After this attack, tension is at its peak in the Strait of Hormuz, through which one-third of the world’s marine gas trade passes.
Global outcry: China, South Korea and many European countries, which depend on Qatar, are now looking for alternative sources of energy.
