Poland's Orlen Ends Long-Term QatarEnergy LNG Contract Over Delivery Failure: 1 Million Metric Tons a Year Through 2034, Terminated on November 10
Poland's largest energy group Orlen said on November 10 that it terminated one of its two long-term liquefied natural gas supply contracts with QatarEnergy after an ongoing force majeure left the supplier unable to meet its delivery obligations.
The contract covered 1 million metric tons of LNG per year and was due to remain in force until 2034. Orlen said it exercised its right to terminate the agreement on November 10 because of the prolonged disruption.
Reuters reported that the move marks the first known termination of a long-term QatarEnergy LNG contract since the Iran war disrupted exports from the world's second-largest LNG exporter.
Orlen retains its other long-term supply contract with QatarEnergy; the termination applies to one of the two agreements.
Published by GSM · USA (original Chinese edition)
Photo: 图：波兰什维诺乌伊什切液化天然气接收站的储罐与码头设施。Zwiadowca21 摄，CC BY-SA 4.0，经 Wikimedia Commons / Photo: Świnoujście - terminal LNG - 26.03.2024 15-21-33. By Zwiadowca21, CC BY-SA 4.0, via Wikimedia Commons
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