Finance

Minister says Qatar will stop EU gas sales if fined under due diligence law, FT reports

Published by Global Banking & Finance Review

Posted on December 22, 2024

1 min read

· Last updated: January 27, 2026

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Qatari Energy Minister Saad al-Kaabi discussing EU gas sales and due diligence law - Global Banking & Finance Review
The image captures Qatar Energy Minister Saad al-Kaabi addressing the implications of EU's new due diligence law on gas exports, highlighting Qatar's stance on carbon emissions and human rights. This relates to the article's focus on potential halting of gas shipments to the EU.
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Qatar Warns of Stopping EU Gas Sales Over New Legislation

(Reuters) - Qatar Energy Minister Saad al-Kaabi said the country will stop gas shipments to the European Union if member states strictly enforce new legislation to penalise companies that fail to meet criteria on carbon emissions, human and labour rights, the Financial Times reported on Sunday.

(Reporting by Gursimran Kaur in Bengaluru; Editing by William Mallard)

Key Takeaways

  • Qatar may stop gas exports to the EU if new laws are enforced.
  • The legislation targets carbon emissions and human rights compliance.
  • Energy Minister Saad al-Kaabi issued the warning.
  • The Financial Times reported the potential impact on EU energy supply.
  • The EU's new law could affect international energy relations.

Frequently Asked Questions

What is the main topic?
The article discusses Qatar's potential halt of gas shipments to the EU if new carbon emissions and human rights laws are enforced.
Why might Qatar stop gas exports to the EU?
Qatar may stop exports due to new EU laws penalizing companies for failing to meet carbon emissions and human rights standards.
Who reported the potential halt of gas exports?
The Financial Times reported the statement from Qatar's Energy Minister Saad al-Kaabi.

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