ORLEN gives notice to terminate one QatarEnergy LNG contract

ORLEN announced on 10 November that it had given notice to terminate its oil-linked QatarEnergy LNG agreement after continuing force majeure prevented deliveries. The 1-million-tonne-per-year contract, signed in 2009 and originally running until 2034, remains effective for 60 days after notice. ORLEN’s separate QatarEnergy agreement, for up to 1 million tonnes annually on a gas-indexed formula, continues. The two contracts should not be conflated.

Source: orlen.pl

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ORLEN gives notice to terminate one QatarEnergy LNG contract

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