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Orlen Ends One of Two Long-Term LNG Contracts With QatarEnergy

Orlen retained its other contract with QatarEnergy. The terminated agreement had been scheduled to continue until 2034.

An LNG carrier waits beside idle loading arms at dusk / TokenPost.ai
An LNG carrier waits beside idle loading arms at dusk / TokenPost.ai

Orlen SA terminated one of its two long-term liquefied natural gas contracts with QatarEnergy, marking the first time a QatarEnergy customer has ended a contract.

The agreement had been scheduled to continue until 2034. Orlen attributed its decision to continuing force majeure. Ongoing conflict had prevented the counterparty from fulfilling delivery obligations.

Orlen retained its second long-term contract with QatarEnergy.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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