QatarEnergy Extends LNG Force Majeure Into August

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QatarEnergy has announced the extension of force majeure on its LNG exports until mid-August due to damages caused by Iranian strikes on its LNG hub. This move follows the earlier halt of LNG production reported in March and affects long-term supply agreements with international buyers.

QatarEnergy said it would extend the force majeure on its exports of liquefied natural gas until the middle of August, Reuters has reported, citing Italy’s Edison, which has a long-term supply deal with the Qatari company. Originally, the force majeure was set to run until early July. The declaration followed Iranian strikes on Qatar’s LNG hub that caused extensive damage. In a notice to buyers, the state energy giant said in early March that the declaration follows its decision to halt LNG and associated production after Iranian strikes…