Qatar vows to stop EU gas sales if fined under due diligence law, FT reports
- Qatar has vowed to stop gas sales to the EU if fined under the due diligence law, according to reports by the Financial Times.
- This decision reflects Qatar's stance on potential penalties related to the EU's due diligence law.
- Reports indicate that there are heightened tensions between Qatar and the EU regarding these issues.
- Qatar's statement highlights the importance of compliance in trade relations and may impact market dynamics.
79 Articles
79 Articles
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Qatar Threatens to Halt LNG Exports to Europe Over Green Regulations
One of the world’s top LNG exporters, Qatar, is threatening to stop shipping its gas to the European Union if the bloc moves to strictly enforce a new corporate sustainability directive with fines on non-compliant firms, Qatar’s Energy Minister Saad al-Kaabi told the Financial Times in an interview published this weekend. Earlier this year, the EU formally adopted the corporate sustainability due diligence directive. These new EU-wide rules in…
Qatar will stop supplying liquefied natural gas (LNG) to the EU if member states strictly enforce a new law that tackles forced labor and environmental damage, Energy Minister Saad al-Kaabi told the British Financial Times. Qatar also supplies the Netherlands.
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