Replacement Supply Contained

Orlen replaces most of the lost Qatari volumes through a mix of spot LNG, U.S. term cargoes and pipeline gas from Norway. Poland avoids physical shortages because the termination follows months of QatarEnergy force majeure and likely reflects volumes already absent from supply planning.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.