Clause allows the state-owned company to be exempt from fulfilling its obligations; decision was taken after Iran attacked Ras Laffan energy complex and affects Italy, Belgium, South Korea and China
The company determined on Tuesday (24 March 2026) the need to invoke the force majeure clause in some of its long-term contracts for the supply of Liquefied Natural Gas to Italy, Belgium, South Korea and China. The information is from the news agency.
On March 18, Iran fired missiles at Ras Laffan, Qatar’s vast energy complex. This target produces about 1/5 of the world’s LNG – a transportable fuel used to power factories and generate electricity across Asia and Europe.
According to the newspaper, Saad Sherida al-Kaabi, Qatar’s Energy Minister and President of QatarEnergy, stated on March 19 that reconstruction will take up to 5 years and will reduce the country’s export capacity by 17%.
By invoking the force majeure clause, QatarEnergy will be exempt from fulfilling its contractual obligations, which could harm supplies to affected countries.
In recent years, Europe has increased LNG imports to replace Russian gas after Russia’s invasion of Ukraine in 2022. The fuel is essential to replenish stocks before winter. European stocks are currently at around 30% capacity, according to data from Gas Infrastructure Europe, following heavy use during the colder season.
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