Qatar Extends Force Majeure as Hormuz Crisis Still Blocks LNG Traffic

Qatar’s state-owned QatarEnergy has extended by several weeks its force majeure on LNG deliveries to customers as the LNG flows at the Strait of Hormuz remained blocked despite increased oil flows. QatarEnergy has notified buyers in Pakistan and Bangladesh this week that LNG cargo cancellations would continue through October, traders with knowledge of the situation told Bloomberg on Friday. Some previously planned deliveries to Europe under long-term deals have also been cancelled beyond September, with Edison of Italy saying the force majeure…