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Qatar and the U.S. Warn EU of Gas Crunch Over Methane Regulation

The United States and Qatar have once again warned the European Union against doubling down on climate policies seeking to penalize the L…

Source OilPrice AI Summary Updated 1h 57m ago

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The United States and Qatar have once again warned the European Union against doubling down on climate policies seeking to penalize the LNG industry, saying that if it continues on this course, the EU will face a gas crunch and higher prices. “There is no viable path to compliance with the regulation”, the top energy officials of the U.S. and Qatar, Chris Wright and Saad al-Kaabi, wrote in a letter quoted by the Financial Times. “Because legal compliance remains paramount, exporters and importers alike are unwilling to enter into…

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