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Qatar Energy Cannot Deliver 3 LNG Loads
Edison announced that Qatar Energy informed them of its inability to deliver three LNG cargoes, extending force majeure until the end of September 2026. This includes 24 bundles totaling approximately three billion cubic meters of gas. Edison affirms its ability to provide alternative gases to its customers and to fulfill its commitments. Meanwhile, its long-term contract with Qatar Energy has been in place since 2009, with an annual supply volume of 6.4 billion cubic meters. Edison’s operating profits halved in the first quarter of the year due to the impact of force majeure. The company has also lowered its full-year outlook amid the uncertainty caused by the Middle East conflict.
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