Qatar Warns EU That Tough New Regulations Put Gas Supplies at Risk
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✍️ Qatari Energy Minister Saad al-Kaabi opposes EU's net-zero goals legislation, citing potential penalties and impractical requirements for energy producers.
👉 The EU's net-zero goals legislation includes penalties of at least 5 percent of a company's global annual revenue for non-compliance.
👉 Qatari Energy Minister Saad al-Kaabi opposes the legislation, citing potential penalties and impractical requirements for energy producers.
👉 QatarEnergy would not breach existing contracts but could explore legal challenges or halt new shipments if penalties are enforced.
#Saadal-Kaabi #Europe #Qatar #politics
quoting nevent1q…gv2ySputnik News - World News, Breaking News & Top Stories (nprofile…wkjv)
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One of the world’s largest suppliers of liquefied natural gas (LNG), Qatar, has warned the European Union that it may halt vital gas exports if the bloc enforces its new corporate due diligence directive.
https://sputnikglobe.com/20241222/qatar-warns-eu-that-tough-new-regulations-put-gas-supplies-at-risk--1121238322.html