QatarEnergy declares force majeure on some LNG contracts due to Iran war
Al Jazeera
The move comes amid production disruptions linked to the US-Israeli war on Iran, which have affected Qatar.
QatarEnergy has declared force majeure on some of its long-term liquefied natural gas (LNG) supply contracts, including for customers in Italy, Belgium, South Korea and China.
The move on Tuesday comes amid production and supply disruptions caused by the United States-Israeli war on Iran.
Force majeure is a clause in contracts that allows a party to be excused from its obligations due to unforeseeable events. Petroleum companies in Kuwait and Bahrain have also recently invoked force majeure.
Global energy markets have been reeling since the US and Israel began attacking Iran on February 28.
Iranian missile and drone strikes across the Middle East, including most notably in the Gulf region, have targeted oil and gas facilities, prompting international condemnation.
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