QatarEnergy Extends LNG Delivery Cancellations Amid Strait of Hormuz Disruptions
QatarEnergy has extended force majeure on liquefied natural gas (LNG) deliveries to several countries, including Bangladesh, Pakistan, and Italy. The company cited disruptions to shipping through the Strait of Hormuz as the reason for the cancellations.
The cancellations will continue into October, with QatarEnergy notifying Pakistani buyers this week that LNG cargo cancellations would persist beyond September. In addition, force majeure on supplies to Bangladesh has been extended beyond September. The Italian utility Edison confirmed that QatarEnergy had extended the suspension of its LNG deliveries until early November.
Edison said in a press release that it had informed them that they will not be able to deliver an additional five LNG cargoes scheduled for the Adriatic LNG receiving terminal in Italy, effectively extending the overall force majeure period from April 1st to early November. This brings the total number of affected cargoes to 29.
QatarEnergy first suspended LNG operations and declared force majeure on March 4th, following the outbreak of the war between the US and Iran and disruptions to shipping through the Strait of Hormuz. Missile attacks on QatarEnergy's Ras Laffan facilities in March damaged infrastructure, reducing Qatar's LNG export capacity by 17%.
Qatar's PM-FM meets Iranian leaders in Tehran as Doha pushes for de-escalation. The latest extensions come as Qatari LNG exports remain severely constrained.