European Gas Prices Surge Following Attack on Qatar Energy Facilities

Kathmandu. The price of European gas has increased since Monday following the halt in liquefied natural gas production after Iran attacked facilities at two main gas processing centers of Qatar Energy, the state-owned energy company of the State of Qatar.According to the 'Dutch TTF Natural Gas Contract,' which is considered significant for the European region, the price of gas has increased by nearly 45 percent to over 46 Euros following the Iranian attack.Due to the Iran war, the fear of gas supply cuts in the Gulf region had already caused gas prices to rise by more than 20 percent....