QatarEnergy Declares Force Majeure As One-Fifth Of Global LNG Supply Goes Dark

QatarEnergy Declares Force Majeure As One-Fifth Of Global LNG Supply Goes Dark Qatar’s long-standing image as the world’s most reliable LNG supplier abruptly ended on Wednesday after QatarEnergy halted LNG production and declared force majeure to customers, a major shock to global gas markets given that Qatar accounts for 20% of global LNG exports, with 80% of those volumes to Asia.  "Further to the announcement by QatarEnergy to stop production of liquefied natural gas (LNG) an...

By Tyler Durden