Poland's Orlen ends long-term QatarEnergy LNG contract over delivery failure

By Marwa Rashad

Nov 10 (Reuters) - Poland's largest energy group Orlen said on Tuesday it terminated one of its two long-term liquefied natural gas supply contracts with QatarEnergy after an ongoing force majeure left the supplier unable to meet its delivery obligations.

The move marks the first known termination of a long-term QatarEnergy LNG contract since the Iran war disrupted exports from the world's second-largest LNG exporter. It underscores the commercial toll of the conflict on Qatar's LNG business, which buyers had long regarded as one of the most reliable sources of supply.

The contract covered 1 million metric tons of LNG per year and was due to remain in force until 2034, but Orlen said it exercised its right to terminate the agreement on November 10 because of the prolonged disruption.

(Reporting by Natalia Bueno Rebolledo in Mexico City and Marwa Rashad in London; Editing by Leroy Leo and Jamie Freed)