Investing.com — QatarEnergy is negotiating additional long-term contracts to purchase liquefied natural gas from U.S. exporters, according to people familiar with the matter cited in reporting from Bloomberg, as the state-backed producer moves aggressively to secure volumes outside the volatile Persian Gulf. The Doha-based energy giant aims to finalize agreements in the coming months for 3 million to 6 million tons of LNG annually, signaling a fundamental strategic pivot toward international procurement to insulate its commercial portfolio.
The prospective commitments follow Qatar’s recent supply deals with Cheniere Energy Inc (NYSE:LNG) and Woodside Energy Group Ltd (NYSE:WDS), which collectively secured 7 million tons per year from the two producers. By expanding its off-take pipeline, QatarEnergy appears focused on sustaining its global trading commitments while mitigating regional operational vulnerabilities that have disrupted traditional export channels.
Historically the world’s second-largest LNG exporter, Qatar saw its domestic capacity severely compromised after its primary production hub sustained damage during March military strikes tied to the broader Iran conflict. Shipping bottlenecks have compounded those physical losses, leaving substantial volumes stranded behind the Strait of Hormuz and accelerating the mandate to diversify its operational base beyond the immediate Middle East.
Talks for the next tranche of supply include U.S. developer Venture Global Inc (NYSE:VG) as well as the Kimmeridge Energy Management-backed Commonwealth LNG project, the people said. Access to Gulf Coast export infrastructure offers QatarEnergy reliable, unencumbered feedgas to backstop deliveries to core Asian and European utilities without navigating regional chokepoints.
Ultimately, the procurement push reflects an effort to transform domestic export shortfalls into an expansive, multi-origin trading platform. Securing millions of tons of flexible U.S. output allows the state company to defend customer relationships, preserve market share, and hedge against prolonged geopolitical disruptions across its domestic footprint.
Original Article
QatarEnergy eyes more US LNG deals to shield supply from Mideast conflict – report
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