QatarEnergy's chief executive said on Thursday he had met Iran's acting petroleum minister twice in the past two weeks to explore possible oil and gas cooperation after the war, Reuters reported.
The discussions come as Qatar faces major disruptions to its liquefied natural gas (LNG) industry following Iranian attacks and the closure of the Strait of Hormuz.
The CEO said two LNG production trains damaged in Iranian attacks would take about three years to repair, leaving Qatar without 17% of its LNG production capacity during that period.
He said Qatar could restore full production at its operational facilities within a week of a peace agreement, provided enough ships were available.
QatarEnergy is also seeking long-term LNG purchase agreements with US and other suppliers to protect its business against possible future disruptions in the Strait of Hormuz.
The company expects to sign more agreements by the end of 2026, targeting volumes significantly above 7 million metric tons annually.
The CEO said Qatar had ruled out building pipelines to bypass the strait because energy infrastructure elsewhere in the region could also be targeted.
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