Last mentioned: 5d ago
Market Reaction
Global LNG spot prices (JKM) begin to trend upward in response to supply uncertainty.
Shell Declaration
Shell Plc officially declares force majeure on certain LNG contracts with Asian customers.
TotalEnergies Declaration
TotalEnergies follows with its own force majeure declaration citing the Qatar shutdown.
Facility Shutdown
Reports emerge of technical issues at Qatari LNG liquefaction trains causing a production halt.
Energy giants Shell and TotalEnergies have invoked force majeure on LNG delivery contracts from Qatar, citing an ongoing shutdown of liquefaction facilities. The move signals a major disruption to global natural gas supplies, particularly impacting Asian utilities that rely on long-term Qatari exports.