Qatar Extends Force Majeure as Hormuz Crisis Still Blocks LNG Traffic

QatarEnergy Extends Force Majeure Into October As Hormuz Crisis Continues To Choke LNG Flows

QatarEnergy has extended force majeure on liquefied natural gas supplies to European and Asian buyers by another month, deepening the global LNG disruption caused by the Strait of Hormuz crisis. The state-owned Qatari energy giant notified Pakistani buyers this week that LNG cargo cancellations will continue into October, with force majeure on supplies to Bangladesh […] The post QatarEnergy Extends Force Majeure Into October As Hormuz Crisis Con…

Qatar Extends Force Majeure as Hormuz Crisis Still Blocks LNG Traffic

Qatar’s state-owned QatarEnergy has extended by several weeks its force majeure on LNG deliveries to customers as the LNG flows at the Strait of Hormuz remained blocked despite increased oil flows. QatarEnergy has notified buyers in Pakistan and Bangladesh this week that LNG cargo cancellations would continue through October, traders with knowledge of the situation told Bloomberg on Friday. Some previously planned deliveries to Europe under long…

QatarEnergy slashes five deliveries to Italy, extending war-fuelled halt until November

Doha LNG supplier has now crossed out 29 cargoes contracted to Edison

Qatar extends force majeure on LNG supplies by one month as Strait of Hormuz tensions persist

The prolonged LNG supply disruption could exacerbate global energy insecurity, driving up prices and forcing nations to seek alternative sources. The post Qatar extends force majeure on LNG supplies by one month as Strait of Hormuz tensions persist appeared first on Crypto Briefing.