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

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