Qatar won’t divert LNG away from long-term buyers in Europe, Minister of State for Energy Affairs HE Saad Sherida Al Kaabi said on Saturday.
“Qatar has the option to send as much as 15 percent of its cargoes away from buyers on the continent if it can find a better price elsewhere, but it won’t do this as a result of the war in Ukraine,” Kaabi said during a panel discussion at the Doha Forum.
Kaabi, however, said that Qatar likely couldn’t help ‘immediately’ with sending more gas to Europe.
He said that replacing Russian gas in Europe is not practically possible. He said that Russia supplies 30 to 40 percent of Europe’s gas needs, something the continent cannot replace overnight.