In recent weeks, several high-ranking European Union officials have arrived in Doha.
The high cost of oil products due to the war in Ukraine has helped Qatar seize the initiative in the geopolitical market and push back Russia. This was reported by Bloomberg.
“Europe is in a hurry to replace Russia with a new supplier as soon as possible against the background of the fact that Russia has stopped gas supplies to Poland and Bulgaria,” the agency said. .
It is noted that Europe, which after the Russian invasion of Ukraine refuses oil from Russia and is looking for a new supplier, turned its attention to Qatar.
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“In recent weeks, several high-ranking European Union officials have arrived in Doha, and they have all made it clear: we need your gas as soon as possible. Germany has ordered companies to start supply talks,” Bloomberg reported. .
Qatar's energy exports in 2022 should reach $ 100 billion for the first time since 2014, given the trends of the first quarter.
Meanwhile, Qatar is building a gas pipeline that will help increase gas exports by 60% by 2027 .
Additional demand means increased competition among buyers for long-term supply contracts and, most likely, more favorable conditions for Qatar.
