Report: Qatar postpones expansion of world's largest liquefied natural gas base - base operations will be maintained at minimal levels.

A Qatari liquefied natural gas transport ship was attacked in the Strait of Hormuz, causing concerns in the market about the high risks of passage in this key waterway. Qatar has temporarily halted the rapid expansion of the world's largest liquefied natural gas facility. Sources revealed that after the attack on the transport ship on Tuesday, senior executives of Qatar Energy Company held several emergency meetings, and CEO Saad al-Kaabi ultimately decided to postpone the expansion plan of the Ras Laffan Industrial Complex. Some sources, who wished to remain anonymous for security reasons, stated that the operation of the facility will be maintained at the lowest capacity and the number of ships docking at the plant area in the coming days will be reduced. Due to the sensitivity of the information, sources requested anonymity. Several commercial ships near the Strait of Hormuz were attacked this week, and the U.S. conducted consecutive strikes against Iran for two days, escalating tensions in the region. Qatar's decision to suspend production growth has become one of the most closely-watched chain reactions in the market following the escalation of the conflict. President Trump even stated on Wednesday that he does not rule out the possibility of a full-scale war; for Middle Eastern energy producers who are gradually emerging from the conflict, a full-scale war is the worst case scenario.