Commodities
Qatar Seeks US LNG Amid Iran War Disruptions
QatarEnergy, the state-owned energy firm of Qatar, is in talks to purchase US liquefied natural gas (LNG) under long-term agreements. This move comes as a result of disruptions caused by the Iran war, which has halted Qatar's ability to supply customers. The discussions involve purchasing LNG from existing and under-construction export projects.
The potential deals mark the first indication since the start of the war that Qatar is looking outside of the Middle East to expand its portfolio. This shift in strategy represents a significant change for the major LNG exporter, as the war continues to disrupt Middle Eastern energy flows.