Polish energy group Orlen has given notice to terminate one of its two long-term liquefied natural gas (LNG) supply agreements with QatarEnergy, citing prolonged supply disruptions caused by the conflict involving Iran. The contract, for which notice was given on Tuesday, covers annual deliveries of 1 million metric tons of LNG and had an estimated value of approximately €570 million for 2026. It remains in force for 60 days following the termination notice. QatarEnergy suspended LNG production in March and declared force majeure on supply contracts, including its agreement with Orlen, following Iranian attacks on energy infrastructure and severe disruption to tanker traffic through the Strait of Hormuz. Orlen said its second agreement with QatarEnergy, covering up to 1 million metric tons annually through 2034, remains in force. Poland has diversified its gas imports in recent years, using Norwegian pipeline supplies and LNG shipments from the US to help offset disrupted Qatari deliveries. On Tuesday, Orlen said the termination would not affect gas supply security, citing production from its own fields and its long-term supply agreements. The company had similarly said in March that potential delays in Qatari shipments would not threaten Poland’s energy security, given its diversified supply sources.
