Shell declares force majeure on LNG contracts from Qatar
Al Jazeera
Qatar announced a production halt at a facility last week and declared force majeure on LNG shipments.
Shell, the world’s largest liquefied natural gas (LNG) trader, has declared force majeure on LNG cargoes it buys from QatarEnergy and sells to its clients worldwide, the Reuters news agency reports, quoting three unnamed sources.
Qatar, the world’s second largest exporter of LNG, announced last week a production halt at a facility that produces 77 million tonnes per annum (mtpa) and declared force majeure on LNG shipments.
Shell declined to comment on Wednesday.
Other Qatari LNG buyers, including TotalEnergies and some Asian companies, have received force majeure notices from Qatar and told customers they would not be selling them Qatari LNG as long as the facilities remain closed, two other sources said.
Omani trading house OQ has also declared force majeure to its customer in Bangladesh due to halted Qatari supply, Bloomberg News reported on Wednesday, saying such declarations are a sign that supply disruptions are extending beyond companies that have a direct contract with QatarEnergy.
