Qatar's revenues have decreased by 42% due to disruption in gas exports
The Emir of Qatar announced the decrease in the government's income due to the difference in gas exports.
The Emir of Qatar announced the decrease in the government's income due to the difference in gas exports.
According to the report of the Ambassador of Arjan, Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, said that the government's revenues in the first half of 2026 have decreased by 42% due to disruption in gas exports and damage to important energy infrastructures following the US-Israeli war against Iran.
The Emir of Qatar said at the annual meeting of the Consultative Council in Doha that the closure of the Strait of Hormuz and the damage to energy facilities in the industrial city of Ras Laffan have disrupted a significant share of the country's exports.
He said: "It is natural that this crisis has a negative impact on public finances, because total revenues have decreased by 42% in the first half of the year."
Previously, Ambassador Arjan had reported that due to the ongoing unrest and disruption of maritime security in the Strait of Hormuz, the Qatari government has decided to extend the suspension of part of its obligations to send liquefied natural gas (LNG) to Asian and European destinations for another month.
Disruption in sea traffic in the Strait of Hormuz is the main reason for this strategic decision of Qatar to temporarily stop exports.
This one-month extension puts additional pressure on the global energy markets and the fuel supply chain.