# QatarEnergy's chief says more long-term LNG supply deals are coming to hedge Hormuz export risk — EnergyReader.io

> QatarEnergy CEO Saad Sherida Al-Kaabi said the company will sign more long-term LNG supply deals, including purchases from the US, to protect revenue from Strait of Hormuz disruptions. The company had earlier bought 33 spot cargoes worth about $1 billion for Asian customers after the strait closed.

- Date: 2026-11-01 · published 2026-11-01T23:41:01.239Z
- Category: trade · region Qatar · magnitude low
- Page: https://feedsoft.ai/events/74241-qatarenergy-s-chief-says-more-long-term-lng-supply-deals-are-coming-to-hedge
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Long-term contracts reduce the risk of sudden LNG supply gaps for Asian buyers, which dampens spot price spikes but leaves overall LNG tightness unchanged while Hormuz remains constrained.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-10-03 | [More U.S. LNG heads to Europe despite output constraints \| Reuters](https://feedsoft.ai/events/39305-more-u-s-lng-heads-to-europe-despite-output-constraints-reuters.md) | -1.3% | -18.8% |
| NATGAS | 2019-04-03 | [U.S. LNG producers offer alternative pricing to woo buyers - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/59778-u-s-lng-producers-offer-alternative-pricing-to-woo-buyers-energy-news-top.md) | -0.6% | -4.3% |
| NATGAS | 2024-12-02 | [US LNG exports to Europe surge in November on higher prices](https://feedsoft.ai/events/27146-us-lng-exports-to-europe-surge-in-november-on-higher-prices.md) | -12.6% | +8.2% |
| NATGAS | 2019-12-03 | [More Volatility Expected in U.S. Natural Gas Market as LNG Exports Grow](https://feedsoft.ai/events/55769-more-volatility-expected-in-u-s-natural-gas-market-as-lng-exports-grow.md) | -4.7% | -7.4% |
| NATGAS | 2020-02-03 | [Weak market fundamentals overseas not curbing US LNG export enthusiasm \| S&P Global](https://feedsoft.ai/events/54769-weak-market-fundamentals-overseas-not-curbing-us-lng-export-enthusiasm-s-and-p.md) | +1.0% | -6.5% |

## Sources

- energyreader.io: https://energyreader.io/brief/17844

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.