Qatar Energy
National Oil CompanyAbout
State-owned petroleum company of Qatar. Partner with ExxonMobil in Blocks 5 and 10.
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Qatar Energy in the News
Qatar LNG Infrastructure Hit Again as Gulf Gas Crisis Deepens
QatarEnergy has reported more strikes on its LNG infrastructure in the early hours of Thursday, saying on X that “several of its Liquefied Natural Gas (LNG) facilities were the subject of missile attacks, causing sizeable fires and extensive further damage.” The company also said emergency response
Iran Fires Missiles at Qatar Energy Hub
Iran accused Israel of striking its facilities in the huge South Pars gas field on Wednesday in a major escalation in the U.S.-Israeli war that sent oil prices shooting higher…
Asia’s LNG Lifeline Takes a Hit
Asia is the biggest market for liquefied natural gas. Asia is also the destination of up to 90% of Qatari and Emirati LNG—or was, until this month. With the shutdown of Qatar’s Ras Laffan LNG complex and the Strait of Hormuz traffic disruption, Asia is facing a lot of energy supply pain. QatarEnergy
Global Energy Markets in Crisis as War Chokes Supply Chains
Oil on War Footing The disruption to Qatar’s LNG system is now spreading through the global trading network. Shell and TotalEnergies have begun notifying customers that deliveries may be disrupted after QatarEnergy halted LNG production following drone strikes on Ras Laffan and Mesaieed. These co...
Qatar’s LNG Shutdown Sends Shockwaves Through Global Gas Markets
QatarEnergy’s shutdown of its LNG production complex has resulted in a streak of five days with zero shipments of the superchilled fuel, according to Kpler data cited by Bloomberg. This is the longest period with no Qatari LNG leaving the country since 2008, the publication noted, adding no LNG carr
Bangladesh’s RPGCL seeks more spot LNG cargoes
Bangladesh's Rupantarita Prakritik Gas (RPGCL), a unit of state-owned Petrobangla, has issued a tender for three spot liquefied natural gas (LNG) cargoes after QatarEnergy declared force majeure to its LNG buyers last week.
New Gas Crisis Looms over Europe
The European Union’s gas in storage levels are below 30%, benchmark gas prices are the highest in over a year, and QatarEnergy just shut down the world’s single biggest LNG production facility. The situation looks like a recipe for disaster, and the chances of a painless solution are slim. EU’s benc
How Quickly Can Qatar Restart the World’s Largest LNG Export Hub?
QatarEnergy declared force majeure on liquefied natural gas (LNG) exports on Wednesday, following disruptions at its Ras Laffan industrial city facilities caused by the Middle East conflict. This legal declaration effectively releases the state-owned company from contractual delivery obligations du
Why Qatar's LNG Halt Won't Trigger a Long-Term Global Price Spiral
Natural gas prices have reacted strongly to QatarEnergy’s decision to cease LNG production and the closure of the Strait of Hormuz amid escalating conflict in the Middle East escalate. Still, despite a more than 52% surge at Europe’s benchmark Title Transfer Facility (TTF) on 2 March, Rystad Energy
LNG production freeze pushes QatarEnergy to invoke force majeure
A liquefied natural gas (LNG) shutdown has led Qatar’s state-owned oil and gas giant QatarEnergy to issue a contractual force majeure notice to LNG buyers. The post LNG production freeze pushes QatarEnergy to invoke force majeure appeared first on Offshore Energy.
Company Details
- Full Name
- Qatar Energy
- Ticker
- QE
- Country
- Qatar
- Type
- National Oil Company
- Blocks
- 2
- Discoveries
- 2