Qatari energy firm declares force majeure on LNG contracts with S. Korea, China, Italy, Belgium: reports | Yonhap News Agency

## Summary
OK WASHINGTON, March 23 (Yonhap) -- A Qatari state-owned energy company on Tuesday declared force majeure on its long-term liquefied natural gas supply contracts with South Korea, China, Italy and Belgium due to damage caused by last week's missile attacks on its facilities, reports said. Qatari Minister of Energy Affairs Saad Sherida Al-Kaabi has said that the damage to the LNG facilities will take three to five years to repair, according to a release posted on QatarEnergy's website. Korea's Kim reappointed as president of state affairs prev Qatari energy firm declares force majeure on LNG contracts with S. Korea, China, Italy, Belgium: reports Next Qatari energy firm declares force majeure on LNG contracts with S.

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WASHINGTON, March 23 (Yonhap) -- A Qatari state-owned energy company on Tuesday declared force majeure on its long-term liquefied natural gas supply contracts with South Korea, China, Italy and Belgium due to damage caused by last week's missile attacks on its facilities, reports said.
QatarEnergy made the declaration, Reuters, Al Jazeera and RIA Novosti reported, after the company said Friday that missile attacks on Wednesday and Thursday caused damage to facilities in Ras Laffan, an industrial city in Qatar, affecting about 17 percent of Qatar's exports.
Force majeure is a contract clause that excuses a party from performing its obligations when unforeseeable circumstances beyond its control make performance impossible.
The attacks on Qatar's LNG facilities came amid the ongoing U.S.-Israeli war against Iran, which has effectively choked off the Strait of Hormuz, a key oil shipping route, pushing up oil prices and escalating energy security concerns.
Qatari Minister of Energy Affairs Saad Sherida Al-Kaabi has said that the damage to the LNG facilities will take three to five years to repair, according to a release posted on QatarEnergy's website.
This undated AFP file photo shows a liquefied natural gas (LNG) carrier.
(END)
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Qatari energy firm declares force majeure on LNG contracts with S. Korea, China, Italy, Belgium: reports
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## Expert Analysis

### Merits
N/A

### Areas for Consideration
- This undated AFP file photo shows a liquefied natural gas (LNG) carrier. (END) Keywords #Qatari LNG Articles with issue keywords Most Liked Netflix, BTS to turn Seoul into world's 'biggest watch party' 'BTS: The Return' captures brotherhood under 'heavy crown': director Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms (3rd LD) About 40,000 fans gather for BTS comeback concert in downtown Seoul Korean Pavilion at Venice Biennale seeks comfort through art, with Han Kang's sculpture of blackened trees Most Saved Netflix, BTS to turn Seoul into world's 'biggest watch party' Four decades of Damien Hirst on display at MMCA, from shark to cherry blossoms 'BTS: The Return' captures brotherhood under 'heavy crown': director Korean Pavilion at Venice Biennale seeks comfort through art, with Han Kang's sculpture of blackened trees Downtown Seoul to enter security lockdown for massive crowd at BTS concert Most Viewed All Categories (4th LD) N.

### Implications
- Qatari Minister of Energy Affairs Saad Sherida Al-Kaabi has said that the damage to the LNG facilities will take three to five years to repair, according to a release posted on QatarEnergy's website.
- Korea as 'most hostile' nation (LEAD) N.
- Korea 'most hostile' nation (LEAD) Gov't to strictly enforce five-day vehicle rotation system for public sector Most Viewed More Most Viewed Photos N.

### Expert Commentary
This article covers korea, lng, bts topics. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 479.