LONDON, March 11 - Some clients of QatarEnergy, including Shell, TotalEnergies, and other companies in Asia have declared force majeure to their customers who take Qatari liquefied natural gas (LNG)
Exclusive-Shell, TotalEnergies and others declare FM to their clients who take LNG from Qatar - sources say
Major LNG Buyers Declare Force Majeure Amid Qatar Production Halt
By Marwa Rashad
Background on LNG Supply Disruptions
LONDON, March 11 - Several companies that buy liquefied natural gas (LNG) from QatarEnergy as portfolio players or offtakers — including Shell, TotalEnergies and some firms in Asia — have declared force majeure to customers they supply, three sources told Reuters on Wednesday.
Qatar's Production Halt and Force Majeure Declaration
Qatar, the world's second-largest LNG exporter, announced a production halt at its 77 million tons per annum (mtpa) facility last week and declared force majeure on LNG shipments.
Responses from Key Companies
Shell , the world's largest LNG trader, declined to comment. TotalEnergies did not immediately respond to Reuters request for comment.
Partnerships and Market Impact
Both companies 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.
Analysts estimate Shell takes 6.8 million tons per annum (mtpa) of Qatari LNG, while TotalEnergies takes 5.2 mtpa and sells them to their clients worldwide.
Future Outlook for LNG Deliveries
Qatari Energy Minister Saad al-Kaabi told the Financial Times last week that it would take "weeks to months" to return to normal deliveries, even if the war ended today. The company declared force majeure on LNG shipments on Wednesday.
Details of FM Notices and Timeline
Sources told Reuters last week that the FM notices sent to clients stated that LNG deliveries for March will not be affected, with the impact being felt as of April.
(Reporting by Marwa Rashad; Editing by Nina Chestney)
