Gulf energy faces USD 25 billion repair bill after Middle East conflict

War in the Middle East has left Gulf energy infrastructure facing repair and restoration costs of at least USD 25 billion, according to Rystad Energy, with damage spanning LNG trains, refineries, fuel terminals, and gas-to-liquids facilities across the region — and the final tally expected to climb further. The most severe single casualty is Qatar’s Ras Laffan Industrial City, where the destruction of LNG trains S4 and S6 has triggered force majeure and cut…

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