QatarEnergy will be unable to supply liquefied natural gas to Bangladesh beyond September because shipping through the Strait of Hormuz remains disrupted. The company has extended force majeure relief from its contractual obligations for Bangladesh, citing circumstances beyond its control, according to Doha News reports based on Bloomberg and Reuters. Pakistan has also been informed that LNG cargoes will be cancelled through October, while several European buyers received similar notices.
Italy’s energy company Edison said on Friday that QatarEnergy had notified it of the suspension of five additional LNG cargoes. Those shipments had been scheduled to arrive at Italy’s Adriatic LNG terminal between late September and early November. QatarEnergy suspended LNG operations and declared force majeure on March 4 after war began between the United States and Iran.
The suspension has been repeatedly extended as navigation conditions in the Strait of Hormuz have not improved. A missile strike damaged infrastructure at QatarEnergy’s Ras Laffan facility in March, cutting Qatar’s LNG export capacity by 17%, according to Saad Sherida Al-Kaabi. ICC data cited by Euronews showed Qatar exported 18 LNG cargoes during the war’s first six months, compared with 509 a year earlier.
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