EU gas storage sat at roughly 40 percent at the start of June, far below the seasonal norm and, the Financial Times reports, the lowest in 15 years for this stage of the refill season. With most Russian pipeline gas gone and Qatari LNG lost indefinitely, Brussels is quietly loosening its filling targets — and Luxembourg, which stores no gas of its own, is fully exposed to the result.
An explosion at the Barzan gas facility in Qatar's Ras Laffan complex killed at least 13 workers and injured 66, days after the plant was restarted following a war-related shutdown. The energy minister blamed a technical malfunction, ruled out sabotage and said exports would be unaffected.
In early March 2026, attacks on Qatar's Ras Laffan complex knocked out an estimated 17% of LNG capacity, damaging two of 14 liquefaction trains and a gas-to-liquids unit and sidelining about 12.8 million tonnes a year for three to five years. QatarEnergy declared force majeure on contracts to Italy, Belgium, South Korea and China. Gas prices spiked, and a market braced for a record glut swung into a multi-year deficit. What LNG is, who is hit hardest, and what to watch.