Orlen Terminates One of Its Long-Term LNG Supply Deals with QatarEnergy
Published . Updated .
Key takeaways
- Poland’s largest energy group, Orlen, has terminated one of its two long-term liquefied natural gas (LNG) supply agreements with QatarEnergy after the Qatari producer failed to meet its delivery commitments due to force majeure, Reuters reported.
- Exposed: UNG, XLE, LNG, EQT, KMI
- Market reaction: XLE +1.6% on the day (still updating); UNG +1.1% on the day (still updating); LNG +2.4% on the day (still updating)
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Poland’s largest energy group, Orlen, has terminated one of its two long-term liquefied natural gas (LNG) supply agreements with QatarEnergy after the Qatari producer failed to meet its delivery commitments due to force majeure, Reuters reported.
Directly affected
- No company is named in this report.
Indirectly affected
- UNG United States Natural Gas Fund-13.5% 30d
United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story.
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “lng” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “lng” (tanker shipping) in this story.
- EPOL iShares MSCI Poland ETF
iShares MSCI Poland ETF holds stocks listed in Poland, which this story is about (“poland”).
- QAT iShares MSCI Qatar ETF
iShares MSCI Qatar ETF holds stocks listed in Qatar, which this story is about (“qatari”).
- LNG Cheniere Energy+9.1% 30d
Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.
- EQT Eqt-0.9% 30d
Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| UNG | -10.81% | -10.24% | base | +1.15% | after close | after close | after close |
| XLE | +2.11% | -0.95% | base | +1.57% | after close | after close | after close |
| USO | +2.78% | +4.95% | base | +2.37% | after close | after close | after close |
| BWET | +35.67% | +29.19% | base | +4.90% | after close | after close | after close |
| EPOL | +0.69% | -2.17% | base | -0.77% | after close | after close | after close |
| QAT | -2.38% | -1.87% | base | +0.00% | after close | after close | after close |
| LNG | -0.51% | -5.27% | base | +2.39% | after close | after close | after close |
| EQT | +0.99% | -5.04% | base | +1.73% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Orlen Terminates One of Its Long-Term LNG Supply Deals with QatarEnergy Egypt Oil & Gas
Source: Egypt Oil & Gas
United States Natural Gas Fund (UNG) compared with energy stocks (XLE) since 11 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | +4.90% | still updating |
| BWET | three days earlier | +29.19% | final price |
| BWET | five days earlier | +35.67% | final price |
| EPOL | that day | -0.77% | still updating |
| EPOL | three days earlier | -2.17% | final price |
| EPOL | five days earlier | +0.69% | final price |
| Eqt (EQT) | that day | +1.73% | still updating |
| Eqt (EQT) | three days earlier | -5.04% | final price |
| Eqt (EQT) | five days earlier | +0.99% | final price |
| Cheniere Energy (LNG) | that day | +2.39% | still updating |
| Cheniere Energy (LNG) | three days earlier | -5.27% | final price |
| Cheniere Energy (LNG) | five days earlier | -0.51% | final price |
| QAT | that day | 0.00% | still updating |
| QAT | three days earlier | -1.87% | final price |
| QAT | five days earlier | -2.38% | final price |
| United States Natural Gas Fund (UNG) | that day | +1.15% | still updating |
| United States Natural Gas Fund (UNG) | three days earlier | -10.24% | final price |
| United States Natural Gas Fund (UNG) | five days earlier | -10.81% | final price |
| USO | that day | +2.37% | still updating |
| USO | three days earlier | +4.95% | final price |
| USO | five days earlier | +2.78% | final price |
| Select Sector Spdr Tr (XLE) | that day | +1.57% | still updating |
| Select Sector Spdr Tr (XLE) | three days earlier | -0.95% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +2.11% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Michael T. McCaul sold Eqt (EQT) (held by a spouse), worth $1,001 - $15,000 on 27 Aug 2026. That is 76 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Eqt (EQT), worth $1,001 - $15,000 on 17 Aug 2026. That is 86 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Eqt (EQT) (held by a spouse), worth $1,001 - $15,000 on 14 Aug 2026. That is 89 days before publication. Filed 14 Oct 2026. View the filing.
- Sen. Alan Armstrong sold Williams Companies (WMB) (jointly held), worth $250,001 - $500,000 on 8 Sep 2026. That is 64 days before publication. Filed 22 Oct 2026. View the filing.
- Sen. Alan Armstrong bought Williams Companies (WMB) (jointly held), worth $15,001 - $50,000 on 20 Aug 2026. That is 83 days before publication. Filed 17 Sep 2026. View the filing.
- Sen. Alan Armstrong bought Williams Companies (WMB) (jointly held), worth $1,001 - $15,000 on 19 Aug 2026. That is 84 days before publication. Filed 17 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
United States Natural Gas Fund (UNG) on one side of this energy story
Companies mentioned with this story
- UNG United States Natural Gas Fund
United States Natural Gas Fund (UNG) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Orlen Terminates One of Its Long-Term LNG Supply Deals with QatarEnergy.” Reason on file: United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story
- XLE Select Sector Spdr Tr
In “Orlen Terminates One of Its Long-Term LNG Supply Deals with QatarEnergy,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story
- LNG Cheniere Energy
In “Orlen Terminates One of Its Long-Term LNG Supply Deals with QatarEnergy,” Cheniere Energy (LNG) is linked, with no stored direction, medium confidence. Reason on file: Cheniere Energy (natural gas distribution): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story
- EQT Eqt
For “Orlen Terminates One of Its Long-Term LNG Supply Deals with QatarEnergy,” Eqt (EQT) is linked, with no stored direction, medium confidence. Reason on file: Eqt (crude petroleum and natural gas): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story
- KMI Kinder Morgan
For “Orlen Terminates One of Its Long-Term LNG Supply Deals with QatarEnergy,” Kinder Morgan (KMI) is linked, with no stored direction, medium confidence. Reason on file: Kinder Morgan (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story
- WMB Williams Companies
For “Orlen Terminates One of Its Long-Term LNG Supply Deals with QatarEnergy,” Williams Companies (WMB) is linked, with no stored direction, medium confidence. Reason on file: The Williams Companies (natural gas transmission): gas producers and exporters earn more when gas prices rise. Linked by “lng” (natural gas) in this story
United States Natural Gas Fund (UNG) and the energy link
“Orlen Terminates One of Its Long-Term LNG Supply Deals with QatarEnergy” (11 Nov 2026) reaches United States Natural Gas Fund (UNG) through Energy.
For United States Natural Gas Fund (UNG), the reason on file says United States Natural Gas Fund: it follows natural-gas prices. Linked by “lng” (natural gas) in this story
Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: it follows natural-gas prices. Linked by “lng” (natural gas) in this story
Dates in the story, and the United States Natural Gas Fund (UNG) price range
LNG traded between 274.17 and 330.66 across 20 sessions. The latest close on file is 293.48. UNG traded between 8.95 and 11.43 across 20 sessions. The latest close on file is 9.34. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
The energy score for United States Natural Gas Fund (UNG)
46 out of 100Price not final
“Orlen Terminates One of Its Long-Term LNG Supply Deals with QatarEnergy” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.