After LNG, QatarEnergy stops production of urea, polymers and aluminum methanol amid Iran-Israel war

2 minutes of readingMarch 3, 2026 06:32 pm IST

QatarEnergy stops downstream production: Amid the escalating war between the United States and Israel, QatarEnergy on Tuesday halted production of several downstream products, including urea, polymers, methanol, aluminum and other related items. It offered no timeline for restoring its production.

QatarEnergy stops LNG production

On Monday, the energy giant suspended production of liquefied natural gas (LNG) and associated products following a drone attack on its operational facilities in Ras Laffan Industrial City and Mesaieed Industrial City in Qatar.

“Following QatarEnergy’s decision to stop production of liquefied natural gas (LNG) and associated products, QatarEnergy is stopping production of some downstream products in the State of Qatar, including urea, polymers, methanol, aluminum and other products.

“QatarEnergy values its relationships with all its stakeholders and will continue to communicate the latest information available,” it said in a statement.

Last year, QatarEnergy signed a 17-year sale and purchase agreement (SPA) with Gujarat State Petroleum Corporation (GSPC) for the supply of up to 1 million tonnes per annum (MTPA) of LNG.

Oil prices

Oil prices rose sharply on Monday as disruptions to tanker traffic through the Strait of Hormuz bottleneck raised uncertainty about how US and Israeli attacks on Iran would affect supplies to the global economy, the AP reports. According to the report, US oil rose 7.6% to $72.12 per barrel, while international standard Brent rose 8.6% to $79.11 per barrel. Natural gas futures in Europe rose more than 40 percent after Qatar, a major supplier, halted production due to the conflict.

Anish Mondal is a journalist with over nine years of experience covering railways and roads. Currently a member of the editorial team at Indianexpress.com, Anish specializes in high-impact sectors. Career journey Anish began his career at public broadcaster Rajya Sabha Television (now Sansad TV), where he developed a fundamental understanding of legislative processes and national governance. In 2018, she transitioned to digital financial journalism at FinancialExpress.com, and spent nearly six years honing her expertise in market trends and corporate reporting. Before joining The Indian Express in 2025, he served as a key contributor at ETNowNews.com. Education and Experience Anish’s reporting is backed by a rigorous academic background in communication and humanities: Master of Journalism and Mass Communication (MJMC) – Post Graduate Diploma in Journalism and Production from Apeejay Stya University (PGTVRJP) – Bachelor of Arts from Apeejay Institute of Mass Communication (Honours in English) – University of Calcutta Areas of coverage Connectivity: In-depth reporting on the expansion of Indian railways and road networks national. … Read more

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