April 30 (Reuters) - Oil and gas producer ConocoPhillips ( COP )

on Thursday forecast lower annual output and excluded

Qatar from its near-term outlook, citing the Iran war that has

disrupted operations in the Middle East.

ConocoPhillips ( COP ) is a partner in QatarEnergy's liquefied

natural gas export plant, which is one of the world's largest

providers of the superchilled gas.

Iranian attacks on the facility have knocked out about a

sixth of Qatar's LNG export capacity, worth about $20 billion a

year, with repairs expected to take three to five years.

The company now expects 2026 production to be between 2.29

and 2.325 million barrels of oil equivalent per day, compared

with its previous forecast of 2.33 mmboepd to 2.36 mmboepd.

It also forecast current-quarter production of 2.185 mmboepd

to 2.215 mmboepd.

ConocoPhillips ( COP ) said the annual outlook reflects a reduction

of about 20,000 boed linked to the exclusion of Qatar volumes,

along with another 15,000 boed impact from higher royalty rates

at its Surmont oil sands project in Canada.

During the first quarter, the Houston-based company's

average realized prices dropped 6% to $50.36 per barrel of oil

equivalent, due to weaker gas prices.

Its net income fell to $2.18 billion, or $1.78 per share,

for the three months ended March 31, from $2.85 billion, or

$2.23 per share, a year earlier.

(Reporting by Vallari Srivastava in Bengaluru; Editing by

Shinjini Ganguli)