Jun. 20 at 4:37 PM
$SPX $SHEL $XOM $CVX EXCLUSIVE-Qatar holds talks with energy companies on risk of Israel-Iran conflict, sources say
Qatar warns of risks to global gas supply
A shutdown of Qatari production could cut 20% of global supply
Asian LNG prices have risen by 11% on supply disruption concerns
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By Andrew Mills and Marwa Rashad
DOHA/LONDON, June 20 (Reuters) - Qatar held crisis talks this week with energy majors after Israeli strikes on Iran's huge gas field, which it shares with Qatar, an industry source and a diplomat in the region told Reuters.
Saad Al Kaabi, CEO of state-owned QatarEnergy and the Gulf Arab state's energy minister, urged companies to warn the U.S., Britain and European governments about the risks the conflict poses to gas exports from Qatar and the increasing threat to the global gas supply, they said.
An interruption to Qatar’s liquefied natural gas (LNG) operation could cut off around 20% of the global supply
