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Liquefied natural gas

Trade: QatarEnergy announces/resumes LNG production in Qatar by May 31?

100% YES 0% NO

Opened · Settles · 11 comments

Resolution criteria on PolyGram: QatarEnergy, a Qatari state-owned petroleum company, announced on March 2 that it would halt production of liquefied natural gas (LNG) due to military strikes on its operating facilities (see: https://www.qatarenergy.qa/en/MediaCenter/Pages/newsdetails.aspx?ItemId=3892). This market will resolve to “Yes” if QatarEnergy resumes production of liquefied natural gas at QatarEnergy LNG production facilities in Qatar, or officially announces that such production has resumed or will resume, by May 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.

PolyGram is an on-chain prediction market where you trade YES or NO outcome shares with real USDC on Polygon. For this market, buy YES if you believe the event will happen, or NO if you think it won't. Your maximum loss is your stake — winning shares pay $1.00 each at resolution. Unlike sportsbooks, there is no house edge: prices are set by supply and demand from other traders and reflect the crowd's real-time probability.

Liquidity
Total Volume
$27K
24h Volume
Open Interest
$25K
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Market outcomes

QatarEnergy announces/resumes LNG production in Qatar by May 31? 100% YES0% NO

Market context

QatarEnergy halted liquefied natural gas production following military strikes on its operating facilities in early March 2026. The state-owned company's announcement marked a significant disruption to global LNG supply, with Qatar accounting for roughly 20% of worldwide LNG exports. The resolution criteria require either resumed production or an official announcement of resumption by 31 May 2026—a fourteen-month window from the disruption event.

The 100% implied probability on Polymarket's order book reflects market confidence in resumption within this timeframe, though historical precedent offers mixed signals. The 2022 Freeport LNG facility fire in Texas took approximately nine months to restore to full capacity, whilst repairs following the 2017 Abqaiq attack on Saudi Aramco's crude processing facilities took several months. Qatar's LNG infrastructure represents decades of capital investment; complete abandonment would entail extraordinary economic costs. However, the military dimension introduces uncertainty absent from typical industrial accidents, as cessation could persist if security conditions deteriorate further.

Traders should monitor QatarEnergy's official statements regarding facility damage assessments and repair timelines, alongside regional security developments. International energy agencies including the International Energy Agency typically issue monthly reports on LNG supply disruptions. The company's capital expenditure announcements and any statements from Qatar's government regarding the military situation will serve as primary catalysts. Geopolitical escalation or de-escalation could materially shift the probability, though the current market pricing suggests traders assess resumption as highly probable within the settlement window.

How this market resolves

Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a two-hour dispute window opens, and if no one stakes a counter-claim the payout is final. Contested outcomes escalate to UMA token-holder voting. Payouts clear in USDC to the winning side.

How to trade this market step by step

The mechanics for trading "QatarEnergy announces/resumes LNG production in Qatar by May 31?" are the same as any other PolyGram event contract. Each YES share resolves to $1 if the event happens, or $0 if it doesn't. The current price between 0¢ and 100¢ is the market's probability estimate, set live by the order book.

  1. Sign in on polygram.ink with your email — no full KYC under $1,500 lifetime trading volume.
  2. Deposit USDC on Polygon (lowest fees, ~$0.01 per transaction) or Ethereum. Funds credit after 12 confirmations.
  3. Pick a side. Buy YES if you believe the event will happen; buy NO if you think it won't. The current YES price reflects the market's collective probability.
  4. Size your position. If you stake 100 USDC at 100% YES, you'll receive shares that pay $100 if YES resolves true — a 0% gross return. If NO resolves, your shares are worth $0.
  5. Set risk controls (optional). Stop-loss, take-profit, and limit-order types all supported. Use the trade ticket's slippage box to cap your maximum entry price.
  6. Wait for resolution. When the event resolves on-chain via the UMA optimistic oracle, the winning side settles to 100¢ automatically and USDC hits your balance within seconds. Withdrawable to any wallet you control.

How active is this market?

$27K in lifetime turnover and $0 of resting liquidity puts this market in the around the median by volume for liquefied natural gas contracts on PolyGram. Order-book depth is thin — large orders may need to be split across the book or executed as limit orders.

The market has been open for under a month — fresh enough that information asymmetry remains a real factor.

Higher-volume markets tend to have tighter spreads and faster price discovery — meaning the displayed YES/NO percentages are more likely to reflect the true crowd-implied probability rather than a single trader's directional view.

Key terms

YES / NO share
A binary outcome token that pays $1.00 if the underlying claim resolves true (YES) or false (NO), and $0 otherwise. The market price between 0¢ and 100¢ is the implied probability.
CLOB
Central limit order book. The matching engine that pairs YES buyers with NO buyers (effectively the same trade). Polymarket's CLOB on Polygon executes trades on-chain via the conditional-tokens framework.
Liquidity
USDC capital sitting in resting limit orders inside the order book. Deeper liquidity means smaller slippage on large trades and a tighter bid-ask spread.
UMA optimistic oracle
The on-chain dispute system that settles each Polymarket market. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution.
Slippage
The difference between the displayed mid-price and your fill price. Affects market orders most; limit orders avoid slippage but may take time to fill.
Conditional token
ERC-1155 outcome share issued by Gnosis Conditional Tokens on Polygon. The token type that resolves to $1.00 or $0.00 at settlement.

See the full prediction-market glossary →

Frequently asked questions

What is the current probability for "QatarEnergy announces/resumes LNG production in Qatar by May 31?"?

As of today, traders on Polymarket price this outcome at 100%. The number updates continuously as the order book clears. PolyGram mirrors the same live odds with locale-aware formatting and USDC settlement.

How does this market resolve?

Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a 2-hour dispute window opens, and if uncontested the payout is final. Contested outcomes escalate to UMA token holders.

When does this market close?

This prediction market is scheduled to close on 31 May 2026. After the resolving event occurs, settlement typically clears within 24 hours once the UMA optimistic oracle confirms the outcome. All payouts are in USDC on the Polygon network.

How can I trade on "QatarEnergy announces/resumes LNG production in Qatar by May 31?"?

To trade on this prediction market, create a free PolyGram account at polygram.ink, deposit USDC via Polygon, and place a YES or NO order on the outcome you believe in. You can learn more on our how-it-works page. Your maximum loss is limited to your stake — there is no leverage or margin.

What happens when the market resolves?

When the outcome is determined, winning YES shares pay out $1.00 each in USDC, while losing shares pay $0. Settlement is handled by the UMA optimistic oracle on Polygon — a proposer submits the result, a two-hour dispute window opens, and if uncontested, payouts are distributed automatically. You can withdraw your winnings to any Polygon wallet.

Risk and regulatory note

Prediction-market positions can lose 100% of staked capital. Outcomes are uncertain by definition — historical accuracy of crowd-implied probabilities is high in aggregate but not for any single market. PolyGram does not provide investment advice. Trade only with capital you can afford to lose.

Regulatory status varies by jurisdiction. Germany, the United States, and most EU countries treat Polymarket-style event contracts under one of three frameworks: financial derivative, gambling product, or unregulated novel asset. Consult local counsel before trading.

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