On March 2, at around 1430 CET, QatarEnergy stopped production of liquefied
natural gas (LNG) and associated products. On March 3, at around 1200 CET,
QatarEnergy issued a statement that the company is stopping the production of
some downstream products in the State of Qatar, including urea, polymers,
methanol, aluminium and other products.
QatarEnergy supplies gas to Hydro's joint venture Qatalum. The specific
implications for aluminium production at Qatalum are currently unclear and Hydro
is seeking to obtain more information.
Qatalum is a 50/50 joint venture owned by Hydro and Qatar Aluminum Manufacturing
Company Q.P.S.C. (QAMCO). The plant has a nameplate capacity of primary
aluminium of 648,000 metric tonnes and casthouse capacity of 687,000 metric
tonnes. Qatalum is fully integrated with a smelter, casthouse, carbon plant and
a dedicated gas fired power plant. In 2025, Qatalum generated an adjusted net
income of NOK 1.3 billion on a 50 percent basis.
Investor contact:
Elitsa Blessi
+47 91775472
Elitsa.Blessi@hydro.com
Baard Erik Haugen
+47 92497191
Erik.Haugen@hydro.com
Mediakontakt:
Halvor Molland
+47 92979797
Halvor.Molland@hydro.com