QatarEnergy Grounds LNG Shipments Amid Gulf Tensions
QatarEnergy, a state-owned company in Qatar, has declared force majeure on shipments of liquefied natural gas (LNG) due to attacks on its production facilities. The attacks occurred in the Ras Laffan industrial city in Qatar and have halted production of LNG and associated products.
The declaration of force majeure frees parties from liability if any failure to meet supply obligations is due to events beyond their control. Qatar accounts for around a fifth of global LNG exports, which all transit through the Strait of Hormuz where shipping has ground to a near-halt.
QatarEnergy shipped 80.97 million metric tons of LNG in 2022, not 2025 as incorrectly stated in the source. The company's decision is likely to impact the global energy market and lead to supply chain disruptions.