Why does Edison believe Qatar may extend its force majeure on LNG deliveries, and what is the scale of the current disruption?

Edison believes Qatar may extend its force majeure because QatarEnergy’s LNG export capacity was reduced by 17% last month due to attacks by Iran, leading to the cancellation of 10 cargoes — equivalent to 1.4 billion cubic metres of gas — between April and mid-June; Edison received formal notification of this disruption and its head of gas portfolio management, Fabio Dubini, stated it is 'reasonable to expect an extension' of the supply interruption.

How is Edison compensating for the lost Qatari LNG, and what role does U.S. LNG play in filling the gap?

Edison is compensating for the lost Qatari LNG by purchasing seven U.S. liquefied natural gas cargoes after the 10 cancellations; CEO Nicola Monti emphasized that U.S. supply — not Russian gas — will fill the gap, citing the recent startup of two new U.S. LNG plants (Venture Global’s Plaquemines and Golden Pass, partly owned by QatarEnergy and ExxonMobil) as key enablers of this shift.