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Doha, Qatar: The Minister of State for Energy Affairs, the President and CEO of QatarEnergy HE Saad Sherida Al-Kaabi, said that even if the war ended immediately, it would take Qatar “weeks to months” to return to a normal cycle of deliveries.
In an interview with the Financial Times, Reuters stated that the Minister said the war could “bring down the economies of the world”, predicting that all Gulf energy exporters would shut down production within weeks and drive oil to $150 per barrel.
Qatar issued a force majeure notice to liquefied natural gas (LNG) buyers following an Iranian attack that forced the company to stop production of LNG and associated products. This followed an Iranian attack on its facilities in Ras Laffan and Mesaieed Industrial City on March 2, 2026.
The Energy Minister told the FT that, "Everybody that has not called for force majeure, we expect will do so in the next few days that this continues. All exporters in the Gulf region will have to call force majeure." He further added that if this continues GDP growth around the world will be impacted.
"Everybody's energy price is going to go higher. There will be shortages of some products and there will be a chain reaction of factories that cannot supply," the Minister said.
Minister Al-Kaabi said that even if the war ended immediately it would take Qatar "weeks to months" to return to a normal cycle of deliveries.
