
Orlen gave notice on 10 November to terminate a long-term LNG contract with QatarEnergy, citing force majeure because Qatar has halted LNG deliveries since March. Only four cargoes reached Orlen from Qatar this year, and a second contract with oil-linked pricing remains in force.
Qatar's halted LNG output keeps global gas supply constrained and prices elevated, adding to Europe's energy costs for fertilizer and feed production.
After 141 past bullish geopolitics events, Natural Gas moved a median +3.2% over 5 sessions (64% higher; middle half -1.8% to +9.9%), and +4.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.