Poland's Orlen Becomes First Buyer to Cancel Long-Term Qatar LNG Deal

Polish state-owned energy firm Orlen has become the first long-term client of QatarEnergy to cancel an LNG supply contract with the Qatari company amid the continued force majeure on exports. In a regulatory filing from late Tuesday, the Polish firm noted that QatarEnergy has become unable to meet its contractual obligations to supply Orlen with 1 million tons of superchilled gas annually.

The contract was signed in 2009, The National noted in a report on the news, and deliveries began in 2016, with the term of the contract until 2034. At the end of last month, QatarEnergy extended its force majeure, in force since spring, to the end of the year as tanker travel in the Strait of Hormuz remains a highly risky endeavor, with 37 attacks on tankers by…