QatarEnergy has declared force majeure to affected buyers after halting production of liquefied natural gas (LNG) and related products, the company said on Wednesday.
“Further to the announcement by QatarEnergy to stop production of liquefied natural gas (LNG) and associated products, QatarEnergy has declared Force Majeure to its affected buyers,” the company said in a post on the US social media platform X.
The announcement came after the state-owned energy company said on Monday it had suspended LNG production and later decided on Tuesday to halt the output of associated products.
The move comes as rising tensions in the Middle East have raised concerns about potential disruptions to global energy supplies, particularly through the Strait of Hormuz.
Iran's Islamic Revolutionary Guard Corps (IRGC) said Monday that the Strait of Hormuz has been closed to transit and warned that vessels attempting to cross would be attacked in the wake of US-Israeli attacks on the country.
The strait, located at the mouth of the Persian Gulf, links oil and liquefied natural gas (LNG) exports from the Middle East to global markets via the Arabian Sea and the Indian Ocean. It also serves as a key route for crude shipments to China and India.
The tensions escalated after the US and Israel carried out large-scale attacks on Iran over the weekend. Tehran later responded with drone and missile strikes targeting Israel and several Gulf countries that host US military assets.
By Handan Kazanci
Anadolu Agency
energy@aa.com.tr
