Why is it in the news?
Escalation in West Asia targeting key energy infrastructure.
Raises concerns over global energy security.
Category: IR
Important Points:
● South Pars is the world’s largest natural gas field
● Shared between Iran (South Pars) and Qatar (North Field)
● Holds about 1800 trillion cubic feet of gas
● Provides about 80% of Iran’s gas supply
● Ras Laffan in Qatar is major LNG processing hub
● Habshan in UAE is a major gas processing facility
● Bab oil field is a major onshore oil asset in UAE
● Disruption can impact global oil and gas markets
● Region is strategically important for global energy supply