Multiple liquefied natural gas suppliers, including Shell, announced force majeure on supply contracts from Qatar.

According to sources, due to the shutdown of the world's largest liquefied natural gas export factory in Qatar, several liquefied natural gas suppliers, including Shell, have announced force majeure to their Asian customers. An anonymous source revealed that Oman's trading company OQ also declared force majeure to its customers in Bangladesh due to the interruption in Qatar's supply. This indicates that the impact of the supply disruption has spread beyond customers with direct contracts with Qatar, highlighting Qatar's important position in the global natural gas market. Tim Partridge, Head of Trading and Risk Management at LG Energy Group, stated, "I believe they will not be the last. An energy ecosystem that was once in delicate balance has suddenly been thrown into turmoil, affecting many stakeholders, both exporters and importers." Shell has a partnership with Qatar's energy company in the large Ras Laffan liquefied natural gas plant. The facility, the largest single liquefied natural gas plant in the world, was shut down last week after a drone attack on the facility. Qatar's energy company subsequently announced that its liquefied natural gas supply constituted force majeure. Shell declined to comment.