Even without the first Qatari contract, Orlen has LNG surpluses

Orlen terminated a long-term LNG supply contract with Qatar Energy due to force majeure caused by geopolitical tensions. The decision was influenced by outdated pricing formulas linked to oil prices, making the contract less favorable compared to current market conditions. Orlen's diversified supply portfolio ensures gas security for Poland, with increased imports from the USA and new terminals enhancing capacity. The company continues to honor a second contract with Qatar Energy, which is more aligned with current gas market benchmarks. Experts suggest that the termination allows Orlen to optimize its contract portfolio amidst changing global LNG dynamics.