Hormuz Strait tensions could push back QatarEnergy LNG expansion timelines

CEO Saad al-Kaabi said the ongoing dispute in the Strait of Hormuz is preventing critical components from arriving, slowing progress on new LNG capacity. He noted that current LNG output is only a very small fraction of the company's total potential. The North Field East expansion targets a 2027 start-up, while the North Field South project is slated for 2028. Kaabi emphasized that once the crisis ends, Qatar's large LNG volumes will be hard for buyers to overlook.