Deal Proceeds Gradually

Qatar and Lebanon move from headline agreement to a phased implementation plan, with QatarEnergy or a Qatari state vehicle anchoring LNG supply and power-plant development. Given Lebanon's acute electricity shortages and Qatar's recent solar commitment, this is the most likely baseline, but execution remains slow because of financing, tariff, and grid constraints.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.