Qatar will stand “in solidarity with Europe” and not divert gas contracts to other customers, even if it means losing any financial gains, Qatari Energy Minister Saad Al Kaabi told Becky on Thursday. CNN’s Anderson in an exclusive interview.
The energy-rich Gulf monarchy supplies gas to some European countries in the form of divertable contracts, meaning they are able to divert supplies to other customers.
“We are not going to hijack [contracts] and keep them in Europe, even if there is financial gain to be diverted, we wouldn’t,” Al Kaabi said.
“It’s in solidarity with what’s happening in Europe,” he said.
Still, the minister rejected the imposition of sanctions on the Russian energy sector, saying “energy should stay out of politics” and repeated that it was “virtually not possible” to completely shut down the supply of Russian gas to Europe. The minister also said that his country was “not choosing sides” in the Russian-Ukrainian conflict.
Earlier this week, senior German officials, including Economy Minister Robert Habeck, traveled to Qatar for talks on long-term gas supply to Europe amid Russian energy uncertainty. Reports have surfaced of a deal between Qatar and Germany over gas supply; however, the Qatari minister denied that an agreement had been reached.
“We have not yet agreed a long-term agreement with Germany, but we are open to talking with the companies we have discussed to put in place a potentially long-term agreement. a commercial agreement between commercial entities,” Al Kaabi said.
British Prime Minister Boris Johnson visited Saudi Arabia and the United Arab Emirates last week to try to pressure the two countries to increase oil supplies to the market despite a deal with Russia capping oil supplies. oil. Both countries have spare capacity to potentially ease a global oil deficit, but the two Gulf countries have so far remained committed to the OPEC+ deal with Russia, even after Ukraine invaded Ukraine. Russian President Vladimir Putin.
Qatar, which pulled out of OPEC in 2019 after a diplomatic rift with neighboring countries, said it had no plans to rejoin the cartel. Al Kaabi, however, has always supported the organization’s procurement moves, calling their plan “very sensible”.