QatarEnergy has extended force majeure notices and will not be able to deliver liquefied natural gas cargoes to Italian utility Edison or some Asian clients as the Strait of Hormuz remains closed,
QatarEnergy has extended force majeure notices and will not be able to deliver liquefied natural gas cargoes to Italian utility Edison or some Asian clients as the Strait of Hormuz remains closed, Edison and trading sources said on Monday.
Edison, one of the company's biggest customers in Europe, will not receive LNG cargoes until the beginning of December, the Italian group said on Monday, in the latest extension under a force majeure notification first issued in April following disruptions caused by the US-Iran war.
Clients in Asia, including in Bangladesh and Pakistan, were also informed that force majeure notices had been extended until November, two trading sources said.
QatarEnergy did not immediately respond to a request for comment.
Qatar is among the Iran conflict's biggest economic casualties, with its liquefied natural gas exports slashed by 96%, Reuters calculated at the end of August.
While neighbouring Gulf exporters have managed to ship oil secretly out of the Strait of Hormuz, Qatar had exported just 18 LNG cargoes until end-August, down from 509 in the same period last year, according to data intelligence firm ICIS.
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