05:17 AM EDT, 03/20/2026 (MT Newswires) -- (Updates headline and story with additional details throughout.)

Shares of Cheniere Energy (LNG) and Venture Global ( VG ) were up more than 2% premarket Friday after QatarEnergy's chief executive flagged the impact of Iranian attacks on Qatar's liquified natural gas export capacity.

QatarEnergy Chief Executive Saad al-Kaabi told Reuters during an interview that Iranian attacks have wiped out 17% of Qatar's liquified natural gas export capacity, resulting in $20 billion in lost revenue, according to a Thursday report.

The strikes damaged two of Qatar's 14 LNG trains and one of two gas-to-liquids facilities, and repairs will cost 12.8 million tons of LNG per year over three to five years, the CEO told Reuters, adding that QatarEnergy will have to declare force majeure on long-term contracts for up to five years due to the damage.

QatarEnergy didn't immediately reply to a request for comment from MT Newswires.

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