Energy Qatar becomes "the largest buyer of LNG in the US" Three days ago it was reported that Energy Qatar is in talks with Woodside Energy Group Ltd. about the purchase of American LNG due to the inability to guarantee contractual obligations to customers. Woodside announced today that the deal has gone through. Qatar's state-owned company will purchase 3 million tons of LNG annually from the Louisiana LNG project, which is expected to be completed by 2029, the company said in a statement. Last week Qatar Energy signed its first contract with Cheniere Energy Inc. for the purchase of 4 million tons per year, starting from the early 2030s until 2054. Deliveries from the Woodside plant are expected to begin in 2030, the Qatari company said separately. "These additional volumes make Qatar Energy the largest buyer of LNG from the United States," said the QE president, adding that this move supports the company's "long-term growth and diversification strategy." It's true that none of the recent US deals will help Qatar replace the blocked LNG volumes in the Gulf, but they do expand Qatar Energy's future supply portfolio. Meanwhile, the company has extended the force majeure regime regarding shipments to some customers in Europe and Asia until the end of the year.

Energy Qatar becomes "the largest buyer of LNG in the US" Three days ago it was reported that Energy Qatar is in talks with Woodside Energy Group Ltd. about the purchase of American LNG due to the inability to guarantee contractual obligations to customers. Woodside announced today that the deal has gone through. Qatar's state-owned company will purchase 3 million tons of LNG annually from the Louisiana LNG project, which is expected to be completed by 2029, the company said in a statement. Last week Qatar Energy signed its first contract with Cheniere Energy Inc. for the purchase of 4 million tons per year, starting from the early 2030s until 2054. Deliveries from the Woodside plant are expected to begin in 2030, the Qatari company said separately. "These additional volumes make Qatar Energy the largest buyer of LNG from the United States," said the QE president, adding that this move supports the company's "long-term growth and diversification strategy." It's true that none of the recent US deals will help Qatar replace the blocked LNG volumes in the Gulf, but they do expand Qatar Energy's future supply portfolio. Meanwhile, the company has extended the force majeure regime regarding shipments to some customers in Europe and Asia until the end of the year.