{
  "id": 4937325,
  "title": "QatarEnergy extends LNG cancellations into November as Hormuz disruption drags on",
  "url": "https://urgent.news/2026/09/01/qatarenergy-extends-lng-cancellations-into-november-as-hormuz",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-01T21:00:31.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/qatarenergy-extends-lng-cancellations-into-november-as-hormuz-disruption-drags-on/"
  },
  "original_language": "en",
  "account": "QatarEnergy's liquefied natural gas (LNG) deliveries to European and Asian customers are experiencing ongoing cancellations due to the ongoing disruption in shipping through the Strait of Hormuz. Buyers are seeking alternative fuels, reducing their gas consumption, or relying on less gas as replacements for the affected LNG cargoes. Italian utility Edison, a buyer, has cancelled five LNG shipments planned between late September and early November, bringing the total number of affected cargoes under its contract since April to 29, representing approximately 3.8 billion cubic meters of natural gas. QatarEnergy initially declared force majeure in March and has since renewed the declaration monthly due to the prolonged disruption. The company has not yet received a reliable date for normal exports to resume. The disruption has significantly reduced Qatar's LNG presence in the global market, with the country exporting only 18 cargoes during the first six months of the war, compared to 509 over the same period a year earlier. Other exporters have filled part of the gap, but not completely, leading to some Asian markets cutting consumption or switching to alternative fuels. European markets have utilized more gas from storage instead of aggressively competing for expensive cargoes in the spot market. The prolonged LNG loss from Qatar and the UAE could negatively impact global trade in 2026, even as output increases elsewhere. Countries that heavily rely on Qatari or Emirati LNG and have not secured adequate replacement shipments, such as Pakistan, Bangladesh, and India, are particularly vulnerable. Japan, however, is better protected due to its lower reliance on Qatari LNG and a larger variety of long-term contracts linked to oil or US gas prices. China has managed the loss of a significant amount of Qatari LNG, while Europe has partially compensated by using more gas from storage, resulting in lower stock levels. New LNG export capacity under construction in the US, Canada, Australia, and Nigeria should gradually increase non-Qatari supply, but it may take until 2028 for the global market to return to a more stable supply-demand balance. QatarEnergy estimates that its 12 undamaged LNG production units should resume output within about two months once it is assured that the Strait of Hormuz is secure. However, repairs to two other units damaged in attacks on Ras Laffan could take between three and five years.",
  "summary": "QatarEnergy’s latest cancellations run into early November. Buyers in Europe and Asia are finding replacement cargoes, switching to other fuels or using less gas, while no one knows when LNG shipping through the Strait of Hormuz will return to normal. QatarEnergy has extended force majeure on liquefied natural gas (LNG) deliveries to customers in Europe ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Natural Gas: Hormuz risks and Qatari LNG disruption – BNY",
        "url": "https://urgent.news/2026/08/28/natural-gas-hormuz-risks-and-qatari-lng-disruption-bny",
        "published": "2026-08-28T15:02:12.000Z"
      },
      {
        "outlet": "Euronews Business",
        "title": "QatarEnergy extends LNG cancellations into November as Hormuz disruption drags on",
        "url": "https://urgent.news/2026/08/31/qatarenergy-extends-lng-cancellations-into-november-as-hormuz",
        "published": "2026-08-31T13:01:53.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Oil extends advance as US-Iran escalation revives Hormuz risks",
        "url": "https://urgent.news/2026/09/01/oil-extends-advance-as-us-iran-escalation-revives-hormuz-risks",
        "published": "2026-09-01T01:41:43.000Z"
      },
      {
        "outlet": "Moneyweb",
        "title": "Oil extends advance as US-Iran escalation revives Hormuz risks",
        "url": "https://urgent.news/2026/09/01/oil-extends-advance-as-us-iran-escalation-revives-hormuz-risks-4795090",
        "published": "2026-09-01T05:30:09.000Z"
      },
      {
        "outlet": "Bloomberg",
        "title": "Oil Extends Advance as US-Iran Escalation Revives Hormuz Risks",
        "url": "https://urgent.news/2026/09/01/oil-extends-advance-as-us-iran-escalation-revives-hormuz-risks-4889445",
        "published": "2026-09-01T16:02:34.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}