Qatar extends LNG force majeure as Hormuz disruption threatens winter supply
(Bloomberg) -- Qatar has extended force majeure on liquefied natural gas shipments to Asia and Europe by another month as disruptions continue to hamper energy flows through the critical Strait of Hormuz.
Qatar has extended force majeure on liquefied natural gas (LNG) shipments to Asia and Europe for an additional month due to ongoing disruptions in the Strait of Hormuz, threatening winter supply. The state-owned QatarEnergy has informed Pakistan, Bangladesh, and at least one Indian buyer that LNG shipment cancellations will continue through November, with Italy’s Edison suspending deliveries until early December.
The company has been updating LNG customers on the force majeure since the Iran war began, with shipments remaining far below prewar levels. Iran has stated it will not soften its conditions for reopening Hormuz, while President Donald Trump's mixed signals about reaching a deal further complicate the situation. This disruption threatens to keep flows constrained in the waterway, which handled about a fifth of global LNG supply last year, potentially causing utility bills to become more expensive during the Northern Hemisphere winter.
Brief written by urgent.news from The National UAE's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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