QatarEnergy plans to secure over 7 million tons per annum (MTPA) of liquefied natural gas (LNG) through new supply agreements, including a potential deal with Venture Global. This strategy aims to hedge against the risk of disruptions in the Strait of Hormuz and profit from future LNG price surges, all while avoiding significant capital expenditures. The company has also ruled out pipeline options to bypass the Strait of Hormuz, citing security risks.