Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jan 27, 2022

Qatar’s Ruler to Visit Biden and Discuss Global Energy Supplies

Qatar's emir will visit U.S. President Joe Biden on Jan. 31 and discuss issues including how to ensure the stability of global energy supplies, the White House said.

The Biden administration has been talking with Qatar about possibly supplying Europe with more liquefied natural gas if a Russian invasion of Ukraine leads to shortages, people familiar with matter told Bloomberg News earlier this month. The meeting between Biden and Sheikh Tamim bin Hamad Al Thani has been in the works for some time, a U.S. official said last week.

Read more: Qatar Can't Help Europe Much If Russian Gas Is Interrupted

The Persian Gulf nation provides about 5% of Europe's natural gas. It wouldn't be able to significantly ramp up supplies of natural gas to Europe in the event of any disruption to Russian flows, people familiar with the situation have told Bloomberg this week.

Qatar is one of the world's biggest producers of LNG, with about three-quarters of its exports sold to energy-poor Asian countries such as Japan and Korea. It is already pumping a full capacity.

Sheikh Tamim will also discuss Middle East security and Afghanistan with Biden, the White House said. The visit comes at a time of heightened tensions in the Gulf, where Iranian-backed fighters in Yemen have attacked the United Arab Emirates with drones and missiles.

©2022 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search