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    Qatar wants guarantees emergency gas stays in EU: press

Summary

The supplier is also eager to resolve an EU probe into its past use of territorial restriction clauses in contracts.

by: Joseph Murphy

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Complimentary, Natural Gas & LNG News, Middle East, Liquefied Natural Gas (LNG), Corporate, Contracts and tenders, Market News, News By Country, Qatar

Qatar wants guarantees emergency gas stays in EU: press

Qatar has told the EU that the bloc would need to prevent the resale outside its borders of any emergency gas supplies it sends in the event of a Russia-Ukraine conflict, Reuters reported on January 31.

Brussels is seeking alternatives to Russian gas supply amid escalating tensions between Russia and Ukraine, which is a key gas transit route for Russian gas heading to Europe. US president Joe Biden is understood to have raised the topic of LNG supplies to Europe during a meeting with Qatari emir Tamim bin Hamad Al Thani on January 31.

Citing a source, Reuters said Qatar was also eager to resolve a long-running EU probe into the country's LNG sales practices in Europe. That investigation centres on Qatar's use of territorial restriction clauses in its contracts - the very thing that the country is now seeking in exchange for emergency supplies.

According to previous Reuters reports, Qatar is producing LNG at its full capacity, although it may be able to divert some gas from buyers in Asia if Europe's supply is disrupted.