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Hormuz Blockage Puts Qatar's $83 Billion LNG Bet at Risk

The first North Field East train was previously due in 2026, and Qatar warned Hormuz disruptions could delay more LNG expansion trains.

Summary by Oil Price
QatarEnergy CEO and Qatar Energy Minister Saad al-Kaabi says the Strait of Hormuz crisis could delay the company's LNG expansion because critical equipment cannot reach Qatar, Reuters reported on Monday. North Field East's first production train remains on schedule for the first half of 2027, Al-Kaabi said, but additional trains are contingent on Hormuz traffic resuming and North Field South beginning production on schedule in 2028. Iran's March…

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Bloomberg broke the news in New York, United States on Sunday, September 20, 2026.
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