QatarEnergy Aims for US LNG Deals to 2031
Qatar Energy is negotiating long-term contracts with American producers until 2031 to secure liquefied natural gas supplies, compensating for the capacities damaged by Iranian attacks on its facilities in March. The negotiations involve companies such as Venture Global, Cheniere Energy, and Woodside, with the goal of purchasing 2 to 3 million tons of LNG annually on a long-term basis, amid expectations of the continued closure of the Strait of Hormuz and its impact on the market. This move comes after Qatar's gas production was halted due to damage to its production cities, highlighting Qatar's concern over long-term risks to its export capabilities.
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