Edison: QatarEnergy extends force majeure until mid-June

Italian energy firm Edison, a unit of EDF, said it had received a new force majeure notification from state-owned LNG giant QatarEnergy, affecting supplies scheduled for delivery at the Adriatic LNG terminal in Italy.

“Due to the ongoing hostilities in the Strait of Hormuz, QatarEnergy has informed Edison that it will be unable to fulfil its contractual obligations for a total of 10 LNG cargoes from April until around mid-June 2026,” Edison said on Friday.

Edison reported that LNG deliveries scheduled for March 2026 are “proceeding regularly.”

According to the firm, the final LNG cargo is expected to be delivered on Monday, March 30.

From the beginning of 2026 until the interruption due to force majeure expected in April, approximately 1.6 billion cubic meters of natural gas had been delivered.

No impact on customers

The group confirmed that it does not expect any impact on its end customers, thanks to the “mitigation actions undertaken and the portfolio management activities currently in place.”

“Edison continues to closely monitor the situation and will promptly provide updates should any further relevant information become available,” it said.

Edison has a long-term contract with QatarEnergy for the supply of 6.4 billion cubic meters of gas per year to Italy.

The contract, which began in 2009, has a total duration of 25 years.

QatarEnergy recently announced that it expects the damage to its Ras Laffan complex caused by missile strikes to cost about $20 billion a year in lost revenue and to take up to five years to repair, impacting supply to markets in Europe and Asia.

The firm said that it will be compelled to declare force majeure for up to five years on some long-term LNG contracts.

QatarEnergy stopped producing LNG at its giant Ras Laffan complex on March 2 due to military attacks on its operating facilities.

The LNG producer declared force majeure to its affected LNG buyers on March 4.

On the other hand, US LNG exporter Venture Global LNG and Edison just signed a commercial agreement to settle the pending arbitration over LNG sales from the Calcasieu Pass plant in Louisiana.

As part of the settlement, Edison and Venture Global have also agreed to deliver additional LNG cargoes to Europe.

Venture Global said the first delivery is scheduled for May at Italy’s Adriatic LNG import terminal, owned by VTTI and Snam.

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