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Orlen Gives Notice to End Crude-Linked Qatar LNG Contract

The crude-linked agreement covers one million tonnes a year through 2034 and has an estimated 2026 value of €570 million.

Updated 1 min read
An LNG carrier sits beside loading arms at the export terminal in Ras Laffan, Qatar. / EconoTimes.ai (mono)
An LNG carrier sits beside loading arms at the export terminal in Ras Laffan, Qatar. / EconoTimes.ai (mono)

Orlen has notified QatarEnergy that it intends to terminate one of its two long-term liquefied natural gas (LNG) supply agreements, a move that leaves a second contract untouched while the notice period runs.

The notice concerns the oil-indexed deal, which carries a stated 2026 value of €570 million and an annual volume of one million tonnes through 2034.

A separate gas-indexed arrangement remains in place, with deliveries of as much as one million tonnes per year through 2034. Orlen said the group can meet its gas needs through its production and supplies under other long-term deals.

Orlen cited continuing force majeure, a contract provision that can allow deliveries to pause when events outside a supplier’s control prevent performance. It said the ongoing conflict had kept QatarEnergy from meeting its delivery obligations. Earlier delivery failures were covered in EconoTimes’ previous report on the dispute.

Under the filing, the Nov. 10 notice starts a 60-day period before the targeted agreement can end.

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