Saad Ak-Kaabi says a warm winter has prevented further hardship in recent months.
Qatar’s energy minister warned on Tuesday that “the worst (is) yet to come” over Europe’s oil and gas shortages, saying a warm winter had averted further difficulties in recent months. The wealthy Gulf emirate, one of the world’s top gas exporters, is seeking to sell long-term contracts with European states that have, for the most part, long refused despite their frantic search for alternatives to Russian hydrocarbons. .
A “reality (that) will prevail”
After Russia invaded Ukraine in February 2022, Europeans feared a gas shortage due to sanctions against Moscow and rising prices on world markets. “If the economy starts to pick up in 2024 due to a normal winter, I think the worst is yet to come,” he said.
Source: BFM TV
