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Shell halts LNG shipments from Qatar after attack-induced production stoppage, affecting global supply and prices.
Shell has declared force majeure on LNG shipments from Qatar, following a production halt at a 77 million tons per year facility due to attacks on energy infrastructure, according to multiple sources.
The disruption, linked to regional tensions, is expected to affect deliveries starting in April, with recovery potentially taking weeks to months.
Major buyers including Shell and TotalEnergies, both partners in Qatar’s North Field expansion, are impacted, with Shell estimated to receive 6.8 million tons annually and TotalEnergies 5.2 million tons.
The outage removes roughly 20% of global LNG supply, driving up prices and prompting buyers to seek alternatives, while shipping through the Strait of Hormuz remains constrained.
Shell suspende los envíos de GNL de Qatar después de la interrupción de la producción inducida por el ataque, lo que afecta el suministro y los precios mundiales.