Business & Finance
Asian LNG Buyers Expect Qatar to Let Force Majeure Lapse in July
Key Points
Energy Asian LNG Buyers Expect Qatar to Let Force Majeure Lapse in July Asian liquefied natural gas customers of Qatar expect the supplier to let its force majeure expire in the middle of next month, as tensions in the region ease and the Persian Gulf producer ramps up exports. QatarEnergy hasn’t indicated that it will renew the force majeure clause for customers in Asia, according to people with knowledge of the matter. The company would typically notify customers about a month before...
Energy
Asian LNG Buyers Expect Qatar to Let Force Majeure Lapse in July
Asian liquefied natural gas customers of Qatar expect the supplier to let its force majeure expire in the middle of next month, as tensions in the region ease and the Persian Gulf producer ramps up exports.
QatarEnergy hasn’t indicated that it will renew the force majeure clause for customers in Asia, according to people with knowledge of the matter. The company would typically notify customers about a month before extending the declaration, suggesting it intends to let it lapse, said the people, who asked not to be named as they are not allowed to speak to the media.