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Poland's Orlen Becomes First Buyer to Cancel Long-Term Qatar LNG Deal

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Poland's Orlen Becomes First Buyer to Cancel Long-Term Qatar LNG Deal | Gold market brief illustration

Polish state-owned energy firm Orlen has become the first long-term client of QatarEnergy to cancel an LNG supply contract with the Qatari company amid the continued force majeure on exports. In a regulatory filing from late Tuesday, the Polish firm noted that QatarEnergy has become unable to meet its contractual obligations to supply Orlen with 1 million tons of superchilled gas annually. The contract was signed in 2009, The National noted in a report on the news, and deliveries began in 2016, with the term of the contract until 2034. At the end…

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