QatarEnergy’s Force Majeure Declaration is Testing a Legal Framework That Has Never Faced This Scenario
QatarEnergy’s declaration of force majeure on all LNG export contracts, issued in the aftermath of the Hormuz closure and the Iranian strike on the Ras Laffan facility, has triggered the largest simultaneous invocation of contractual force majeure provisions in the history of the global energy trade. The declaration affects long-term supply agreements with buyers across…
