- Egypt and Cyprus sign framework agreement for cooperation on gas
- Italy hopes to receive more gas from Algeria, Meloni says
- Kuwait oil CEO says Iran is ‘holding the world’s economy hostage’
- QatarEnergy says it needs to declare force majeure on some LNG contracts
- Saudi boosts Yanbu crude oil exports as it works around Hormuz halt, data shows
- Kuwait expands oil, gas strategy with overseas ventures, new projects
- Libya: Oil production resumes at Sinawen field after more than three years
- Saudi Aramco achieves significant progress in its gas production plan
- QatarEnergy wins Libya offshore exploration license
- Mubadala Energy completes the acquisition from Eni of a 15% interest in Egypt’s Nargis Concession
QatarEnergy says it needs to declare force majeure on some LNG contracts
(This March 24 story has been corrected to clarify in the headline and story that Qatar has determined it needs to declare force majeure on some LNG contracts, not that it has declared force majeure)
QatarEnergy said on Tuesday it had determined that it needed to declare force majeure on some of its affected long-term LNG supply contracts, with counterparties including customers in Italy, Belgium, South Korea, and China.
Source: Reuters
