By Ed Ballard
$25 billion
That is the likely cost of repairing and restoring the energy infrastructure damaged so far in the Middle East war, according to Rystad Energy.
-- The biggest chunk of the spending, 49%, will come from engineering and construction costs, Rystad says.
-- Equipment and materials are expected to account for 39%, with operations, logistics and vessels making up the remainder.
-- The clear leader in terms of repair costs and timelines is Qatar's Ras Laffan energy hub. Iran's South Pars offshore gas field was next on the research firm's list.
The dollar impact isn't the whole story. "The Gulf region's recovery will be defined less by financial capital and more by structural constraints," said Rystad's head of supply chain research, Audun Martinsen.
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(END) Dow Jones Newswires
March 25, 2026 08:04 ET (12:04 GMT)
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