An explosion at Qatar’s Ras Laffan liquefied natural gas (LNG) complex has killed 13 people and injured dozens, triggering a sharp repricing in global gas markets.

The blast occurred at the Barzan local gas supply facility during a restart procedure following an earlier incident linked to Iranian tensions.

While the human toll is severe, operators have stated that there is no risk to the environment and that the plant’s export capabilities are currently unaffected.

Despite assurances on export continuity, the incident has reignited fears over global gas supply stability.

Traders are reacting to the potential for operational delays or safety shutdowns at one of the world’s largest LNG hubs.

The event underscores the fragility of energy infrastructure in the region, where geopolitical risks and operational hazards can converge to disrupt flows.