Poland's Orlen terminates LNG contract with QatarEnergy over delivery failures

Orlen, Poland's largest energy group, announced on Tuesday that it has terminated one of its long-term liquefied natural gas (LNG) supply contracts with QatarEnergy, after the Qatari company was unable to fulfill its delivery obligations due to a prolonged force majeure event.

This marks the first known termination of a long-term LNG contract with QatarEnergy since the Iran conflict disrupted exports from the world's second-largest LNG exporter.

The move highlights the commercial losses suffered by Qatar's LNG operations as a result of the conflict, challenging the country's reputation as one of the most reliable sources of supply for buyers.

The contract covered the supply of one million tons of LNG per year and was set to run until 2034. However, Orlen said it exercised its right to terminate the agreement on November 10 due to the prolonged disruption.