According to sources familiar with the matter, Qatar intends to rapidly increase its liquefied natural gas (LNG) output once the Strait of Hormuz reopens, targeting the restoration of the majority of its export capacity within two months.
The sources stated that QatarEnergy, the operator of the nation's LNG facilities, has informed its buyers that it expects to raise production to approximately 50% of capacity about one month after secure passage through the strait is resumed, and to about 80% of capacity within two months. The individuals requested anonymity as they were not authorized to speak to the media.
They indicated that the remaining capacity, equivalent to two production trains, will require several years for a full recovery, having been damaged during missile strikes by Iran in March.
QatarEnergy did not immediately respond to a request for comment.