Qatar Gas Export Halt Doubles Natural Gas Prices, Threatens Electricity Price Surge

The halt of Qatari gas exports has caused natural gas prices to double in two days, leading to fears of an electricity price explosion and potential bankruptcies for energy traders.

4 Mar, 08:07 — 4 Mar, 08:07

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Times of IndiaMostly Factual47d ago

Petronet LNG shares tumble 12% after Qatar production halt reports

Petronet LNG shares plummeted nearly 12% after reports of Qatar declaring force majeure on natural gas supplies due to an Iranian drone strike. This production halt has led to significant supply cuts for Indian industries, impacting sectors reliant on gas imports. The disruption also affected other gas distributors and is driving up global energy prices.

By TOI BUSINESS DESK

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Coverage Timeline

First report: telex · 4 Mar, 07:57|Full coverage: 2 · 10m|Window: 10m

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telex4 Mar, 07:57First to report

A duplázódó gázárak áramár-robbanáshoz, de kereskedői csődökhöz is vezethetnek

Times of India4 Mar, 08:07Latest update

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Qatar Gas Export Halt Doubles Natural Gas Prices, Threatens Electricity Price Surge

Sources

Petronet LNG shares tumble 12% after Qatar production halt reports

Coverage Timeline

A duplázódó gázárak áramár-robbanáshoz, de kereskedői csődökhöz is vezethetnek

Petronet LNG shares tumble 12% after Qatar production halt reports

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