-+ 0.00%
-+ 0.00%
-+ 0.00%

Orlen Cancels Long-term LNG Supply Contract with QatarEnergy

MT Newswires·11/10/2026 23:38:51
Listen to the news
11:38 PM EST, 11/10/2026 (MT Newswires) -- Orlen (PKN.WA) terminated one of its two long-term contracts with Qatar Liquefied Gas Co., or QatarEnergy LNG, for the annual supply of 1 million tonnes of liquefied natural gas. The Polish energy company said Tuesday the decision was due to an ongoing force majeure that led to an inability to complete delivery obligations under the contract. The deal will remain valid for 60 days after the termination notice. Orlen added that the contract has an estimated value of 570 million euros for 2026 and was initially intended to remain valid until 2034.