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Industry News
Source: Gulf Today

UAE Condemns Attack on Qatar Gas Transport Company LNG Tanker in Gulf

The UAE Ministry of Foreign Affairs has condemned in the strongest terms an attack on the LNG tanker Al Mayeda in the Arabian Gulf. Officials warned that the incident poses a grave threat to maritime navigation, regional stability, and global energy supplies. The UAE expressed solidarity with Qatar and called for the safeguarding of commercial vessels and international law.

Industry News
Source: Al Majalla

QatarEnergy Secures $3 Billion Loan from Chinese Banks for Ras Laffan Facilities

State-owned QatarEnergy has finalized a $3 billion syndicated loan facility backed by four major Chinese commercial and policy banks. The financing will fund upgrades, repairs, and logistics at Ras Laffan to maintain LNG exports amid maritime risks. According to Al Majalla, Chinese commercial lending to Gulf borrowers reached $11.5 billion in 2025.

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