British BulletinBritish Bulletin
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Lifestyle
  • Health
  • Sports
  • Tech & Science
  • Travel
  • Spotlight
  • More
    • Press Release
What's On

Calli Hauger-Thackery: British runner finishes Boston Marathon at five months pregnant

21 April 2026

Chelsea Flower Show confirms major change for second time in 113-year history

21 April 2026

WATCH: Emily Thornberry challenges Olly Robbins on Peter Mandelson appointment

21 April 2026

King Charles and under-fire Keir Starmer view complete design for national memorial honouring the late Queen

21 April 2026

DWP to gain powers to access bank data of state pensioner benefit claimants

21 April 2026
Facebook X (Twitter) Instagram
Web Stories
Facebook X (Twitter) Instagram
British Bulletin
Subscribe
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Lifestyle
  • Health
  • Sports
  • Tech & Science
  • Travel
  • Spotlight
  • More
    • Press Release
British BulletinBritish Bulletin
Home » Major Qatari oil producer declares it won’t fulfil contracts after Iran drone strikes
Business

Major Qatari oil producer declares it won’t fulfil contracts after Iran drone strikes

By britishbulletin.com4 March 20262 Mins Read
Major Qatari oil producer declares it won’t fulfil contracts after Iran drone strikes
Share
Facebook Twitter LinkedIn Pinterest Email

QatarEnergy has invoked force majeure on its liquefied natural gas shipments after Iranian drone strikes targeted production facilities at Ras Laffan industrial city.

The declaration releases the state‑owned producer from contractual supply obligations after it suspended LNG output and related products, including fertiliser, earlier this week.


Iran has launched strikes against Gulf Arab states hosting American military installations as part of the escalating conflict involving the United States and Israel.

Force majeure clauses allow companies to suspend contractual commitments when circumstances beyond their control prevent them from meeting delivery obligations.

QatarEnergy is a major global supplier of energy | GETTY

QatarEnergy said it “values its relationships with all of its stakeholders and will continue to communicate the latest available information”.

Qatar accounts for around one fifth of global LNG exports, making the production halt a significant disruption to international gas markets. The company delivered 80.97 million metric tonnes of LNG during 2025.

All Qatari LNG cargoes must transit the Strait of Hormuz, where shipping traffic has slowed sharply amid heightened security risks. The maritime corridor is a critical energy route linking Gulf producers to global markets.

Energy market participants have also reported rising war‑risk insurance premiums and higher shipping costs linked to the disruption.

Despite the production shutdown and shipping constraints, wholesale oil and gas prices have so far shown limited immediate reaction.

MORE TO FOLLOW

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

DWP to gain powers to access bank data of state pensioner benefit claimants

Labour’s ‘reckless reach to gamble your pension savings’ rejected AGAIN amid state overreach fears

Millions of young adults could have unclaimed savings worth thousands

Unemployment falls to 4.9% but hiring slowdown raises ‘stagflation’ risk for British economy

EasyJet issues dire three-week countdown as tourists brace for travel chaos

Royal Mail pursuing new identity with King Charles on the throne as latest move marks ‘end of Elizabethan era’

Savers urged to ‘review accounts’ as Rachel Reeves prepares to SLASH tax-free allowance

Apple CEO Tim Cook to step down in major business overhaul

Nationwide Building Society’s Fairer Share Payment to offer free £100 to MILLIONS after Virgin Money deal

Editors Picks

Chelsea Flower Show confirms major change for second time in 113-year history

21 April 2026

WATCH: Emily Thornberry challenges Olly Robbins on Peter Mandelson appointment

21 April 2026

King Charles and under-fire Keir Starmer view complete design for national memorial honouring the late Queen

21 April 2026

DWP to gain powers to access bank data of state pensioner benefit claimants

21 April 2026

Subscribe to News

Get the latest Brittan News and Updates directly to your inbox.

Latest News

JK Rowling in heated row with Alastair Campbell as author aims social media quip at ex-Labour spin doctor

21 April 2026

Driver stripped of licence and slapped with £220 fine for speeding at 53mph on M4 motorway

21 April 2026

Baroness Karren Brady steps down as West Ham vice-chair after 16 years

21 April 2026
Facebook X (Twitter) Pinterest TikTok Instagram
© 2026 British Bulletin. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.