QatarEnergy: Ras Laffan LNG train repairs to take three years; Hormuz transit commitment reaffirmed

QatarEnergy's CEO stated that repairs to LNG trains damaged in recent attacks at Ras Laffan Industrial City will take up to three years, significantly impacting Qatari LNG export capacity. The CEO dismissed alternative pipeline routes as economically unviable and reaffirmed commitment to maritime transit through the Strait of Hormuz, despite ongoing regional risks. This development signals prolonged supply constraints in global LNG markets and underscores Qatar's strategic dependence on a vulnerable chokepoint.