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Shell declares force majeure to customers who buy Qatari LNG - reports
(Sharecast News) - Shell has reportedly declared force majeure on liquefied natural gas (LNG) cargoes it buys from QatarEnergy and sells to its clients worldwide. According to Reuters sources, other Qatari LNG buyers, including TotalEnergies and some Asian companies, have received force majeure notices from Qatar and told customers they would not be selling them Qatari LNG as long as the facilities remain shut.
Qatar, the world's second-largest exporter of LNG, announced a production halt at its 77m tons per year facility last week and declared force majeure on LNG shipments.
A person familiar with the matter told Reuters that TotalEnergies has not declared force majeure.
Both Shell and TotalEnergies have long-term partnerships with QatarEnergy and are partners in the company's massive North Field expansion project which aims to boost capacity by 2027.
According to Bloomberg, citing a person familiar with the matter, Oman trading house OQ has declared force majeure to its customer in Bangladesh due to halted Qatari supply.
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