Qatar mobilizes workers to restart the world's largest liquefied natural gas plant

Investing.com – Qatar is mobilizing engineers and workers to restart production at the world’s largest liquefied natural gas export plant, according to a report by Bloomberg News citing people familiar with the matter, as a ceasefire takes hold in the Middle East.

The people familiar with the matter said improved security conditions have allowed the Ras Laffan facility to carry out limited activities; the site is undergoing necessary maintenance in preparation for a planned restart. The people requested anonymity because they were not authorized to speak with the media.

Some production may begin to resume within the next few days, but it is not yet clear how quickly output capacity will be ramped up. To restore to a significant level of output, ships need to be able to pass through the Strait of Hormuz.

The Ras Laffan plant has been shut down since early March, tightening global gas supplies. Damage from a missile attack last month has left 17% of Qatar’s annual export capacity unusable for as long as five years. Restarting other parts of the facility would mark a major milestone. The plant’s full annual capacity is 77 million tons of LNG.

Translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.