Qatar's state-owned energy giant QatarEnergy has extended its force majeure declaration on Liquefied Natural Gas (LNG) deliveries to Bangladesh, Pakistan, and European buyers through November due to the continued closure of the Strait of Hormuz.
The state of force majeure—initially invoked in April following the closure of the strategic maritime transit corridor—was prolonged as ongoing conflict prevents commercial LNG tankers from navigating out of the Persian Gulf. According to a Reuters report published on Monday (September 28, 2026), Qatari gas exports plummeted by 96 percent through late August, delivering just 18 cargoes compared to 509 during the same period last year. With the winter heating season approaching, the supply disruption is expected to trigger intense competition between Asian and European buyers for spot cargoes, driving global energy prices upward. Bangladeshi authorities have been officially notified of the extended delivery suspensions, intensifying energy security challenges for domestic power and industrial sectors.
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Reported by International Desk • Edited by the Daily Best News desk. Send corrections to [email protected].
