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QatarEnergy signs US gas deals to hedge against risks of closure of the Strait of Hormuz

Qatar ·

QatarEnergy said the strategy covers buying gas from the United States and other sources. The aim is to hedge against disruption to its exports through the Strait of Hormuz and to protect its revenues.

Qatar is one of the world's largest exporters of liquefied natural gas, and its shipments leave the Gulf through the Strait of Hormuz, a narrow waterway between Iran and the Arabian Peninsula.

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