Energy-rich Qatar says unhappy with high gas prices

Published by

Qatar, the world’s biggest liquefied natural gas exporter, said Monday it was not pleased with current global prices which have surged to record peaks. “I am unhappy about gas prices being high,” Energy Minister Saad Al-Kaabi told a press conference. High prices, he said, “are negative for the customer, and the customers being satisfied is the most important thing to me.” Kaabi added: “If the customer is unhappy, he’s not going to buy.” Low energy prices during the Covid-19 pandemic were expected to wipe out Qatar’s budget surplus and lead to a deficit for 2021, the government had forecast in …

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *