The explosion of European gasoline costs amid the fallout from the Ukraine battle has reworked the continent’s financial relations with Qatar. Lengthy the vacation spot of final resort for LNG exporters, Europe has been reworked right into a price-maker over the previous 12 months, and is now a serious income generator for Qatar.
Qatar’s exports to Europe greater than tripled year-on-year to $7.42bn for Q2, the very best quarterly determine in information going again seven years to 2015. This was regardless of LNG export volumes to Europe solely edging up modestly this 12 months (MEES, 2 September). (CONTINUED – 771 WORDS)
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