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Bloomberg

LNG WRAP: Asian LNG Above $23 as Qatar Extends Force Majeure

Friday, August 28, 2026


Asian spot liquefied natural gas prices rose above $23 per million British thermal units. Qatar extended its force majeure declaration on LNG deliveries to European and Asian buyers by one month, citing concerns related to the Strait of Hormuz.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-28/lng-wrap-asian-lng-above-23-as-qatar-extends-force-majeure

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