Qatar and European Union are unable to come to an agreement of gas contract parameters

The agency’s sources claim that the Middle Eastern state is using the latest US-Germany LNG deal as leverage in discussions.

The desire of Europe to stop using Russian gasoline further strengthens Qatar’s position.

With the aid of multibillion-dollar investments in increasing production over the following five years, this might turn the nation into a significant provider.

According to Bloomberg, Europe views Qatar’s demands as being too “tough” because they allow for minimal supply rerouting, in contrast to agreements with the United States.

The Europeans insist on a shorter duration in order to reach pollution reduction goals, therefore the parties have moreover been unable to come to an agreement on the contract’s parameters since March.