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0 0 0.00731972389484511 0.00646203554119544 0.0140989866353355 -0.00198266999559414 -0.00756351887208108 -0.0124834777500366
Stock impact report

Posthaste: Gulf oil patch faces $25-billion repair bill — and that's not the bad news [Yahoo! Finance Canada]

BRP Inc. - Common Subordinate Voting Shares (DOO) 
of Hormuz , but also through damage to the region's energy-producing infrastructure. The repair bill will be massive, according to Norway-based researcher Rystad Energy, which estimates costs will run to US$25 billion and higher. Money, however, isn't the biggest problem. Take Qatar's Ras Laffan Industrial City which supplies 20 per cent the world's liquefied natural gas (LNG). Missile attacks destroyed the plant's LNG “trains,” or liquefaction units, and cut capacity by 17 per cent, triggering a force majeure. Rystad estimates it will take five years to get the facility back on its feet, not because the capital is lacking, but because there are only three global suppliers of the gas turbines used at the plant, all three of which entered 2026 with a production backlog of two to four years. “The Gulf region's recovery will be defined less by financial capital and more by structural constraints,” said Audun Martinsen, Rystad's head of supply chain research. “While some assets Show less Read more
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