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Home > Briefs > Global Risk > War-linked damage to Middle East energy infrastructure may cost up to $58B: Rystad Energy

War-linked damage to Middle East energy infrastructure may cost up to $58B: Rystad Energy

Repair and restoration costs for energy-linked infrastructure damaged in the Middle East war could reach as much as $58 billion, Rystad Energy said Wednesday, which indicated oil and gas facilities may account for up to $50 billion of the total. The consultancy estimated that total repair and restoration spending across affected energy-linked facilities at between $34 billion and $58 billion, with an average estimate of $46 billion, including about $5 billion for industrial, power and desalination assets. Rystad said the conflict is becoming a broader test for the global energy supply chain, as rebuilding efforts compete for the same equipment, contractors and logistics capacity already committed to LNG and offshore projects launched since 2023.

Full report : Damage to oil, gas, related facilities tightening access to equipment and contractors, raising risk of wider project delays across global energy markets, says Rystad Energy.

Tagged: Iran Middle East