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Tue, Jun

Qatari Output at Gas Field Shared With Iran Is Steady

Offshore Engineer

Qatar's gas production at the South Pars field is steady and supply is proceeding normally, it said on Tuesday, after the world's largest gas field was hit by an Israeli airstrike on

Qatar's gas production at the South Pars field is steady and supply is proceeding normally, it said on Tuesday, after the world's largest gas field was hit by an Israeli airstrike on Saturday, prompting Iran to partially suspend its production.

Qatar, the world's third-biggest liquefied natural gas exporter after the U.S. and Australia, shares the South Pars gas field with Iran.

"So far, gas supplies are proceeding normally. However, the ill-advised targeting raises concerns for everyone regarding gas supplies," Qatar foreign ministry spokesperson Majed Al-Ansari said.

"This is a reckless move ... The companies operating in the fields are international, and there is a global presence, especially in the North Field," he said during a weekly press briefing in Doha.

QatarEnergy has instructed tankers to remain outside the Strait of Hormuz and to enter the Gulf only the day before loading, two sources familiar with the matter told Reuters on Tuesday.

Concerns over LNG supply disruptions have boosted LNG prices at the Japan Korea Marker (JKM), widely seen as an Asian benchmark. It reached $13.948 per million British thermal units (mmBtu) on Tuesday, up $1.19 since Thursday June 12, before Israeli launched its attack on Iran on June 13, according to

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