Posted on 03/19/2026 5:51:40 PM PDT by yesthatjallen
The latest attacks by Iran on Qatar facilities have damaged infrastructure that accounts for 17% of QatarEnergy’s liquefied natural gas (LNG) export capability, Reuters reports. The attacks will also cut helium output by 14%, said QatarEnergy.
QatarEnergy CEO Saad al-Kaabi told the news agency today, “I never in my wildest dreams would have thought that Qatar would be, Qatar and the region, in such an attack, especially from a brotherly Muslim country in the month of Ramadan, attacking us in this way.”
That cut in production capability equates to an estimated $20bn in lost revenues each year, including the value of the lost helium output plus some other chemicals. It will threaten supplies to Europe and Asia, said Kaabi.
Two of Qatar’s 14 LNG trains and one of its two gas-to-liquids (GTL) facilities were damaged in the unprecedented strikes. The repairs required would sideline 12.8 million tonnes per year of LNG for three to five years, he said.
SNIP
(Excerpt) Read more at gasworld.com ...
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Good time to build one here in the US then…
I suddenly have a sinking feeling in my stomach.
Party City hardest hit!
> QatarEnergy CEO Saad al-Kaabi told the news agency today, “I never in my wildest dreams would have thought that Qatar would be, Qatar and the region, in such an attack, especially from a brotherly Muslim country in the month of Ramadan, attacking us in this way.”
Is it really surprising considering Qatar hosts a large US base?
Cost of helium is going to go up and up and up.
“Good time to build one here in the US then…”
Don’t have to. The US already produces about 40% of the world’s helium.
The Party Balloon Industry is hardest hit. And PO’d.
It’s great that America is a global leader in exporting natural gas.
One thing we, and others, are learning - lack of redundancy is dangerous.
And you don’t need a war or bad actors to cause major catastrophe - you could have accidents, natural disasters, anything unforeseen cause these kinds of disruptions.
This problem needs to be dealt with yesterday - by us domestically and these other nations as well.
And that’s not counting the fact that we should have the engineering and technology now to form ways of transporting oil and other goods than only through the Strait of Hormuz...again, other things besides war or terrorism could disrupt that - but regardless, that being the only way a substantial amount of things can be transported through is ridiculous in this day and age. Sounds like a project for Elon Musk.
Oh no! Poor Tucker.
Actually, lots of other important uses for helium...like for asthma and emphysema
Yes, but our LNG port facilities are lacking. At least they were a few years ago.
I’ve been exporting Natural Gas. All my life. Doesn’t seem to hard. 🧐
This was a very stupid and unnecessary attack and destruction.
Just why?
I was kidding. Thanks for the detail though. Can’t say I’m a helium expert!
15% of the world’s production of helium is consumed by MRI machines ...
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