Bapco Energies, a Bahraini energy firm, declared force majeure on its group operations following a recent attack on its refinery complex, the company said in a statement, reported by Reuters.
The company said it had activated contingency measures to manage the situation after the incident affected its facilities. Despite the disruption, the company said domestic market requirements remain fully secured and that supplies will continue without interruption, supported by contingency plans already in place.
Force majeure declarations have spread across the Gulf energy sector amid the regional conflict. Kuwait’s state oil firm, Kuwait Petroleum Corporation, and QatarEnergy recently announced force majeure on parts of their operations after shipping disruptions through the Strait of Hormuz halted crude and liquefied natural gas exports from the region.
Force majeure is a legal clause that allows a company to temporarily suspend or cancel its contractual obligations when extraordinary events beyond its control prevent it from fulfilling them. Such events can include wars, natural disasters, government actions, or major supply disruptions. In these situations, the company is not held liable for failing to deliver under the contract.