Qatar Rejects Energy Price Cap, Threatens to Cut Europe’s Gas Supply

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Qatar Rejects Energy Price Cap, Threatens to Cut Europe’s Gas Supply | Europe Energy Crisis. Qatar is currently among one of the most important natural gas producers and exporters in the world. Qatar is now warning Europe that it could soon begin diverting LNG supplies bound for Europe to other buyers, mostly in Asia. This comes in response to the European Union’s proposal to impose a price cap on natural gas prices, which threaten the concept of a free energy market.

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The UAE Energy Minister underlined on Monday that OPEC+ can always be trusted to balance oil supply and demand.

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