Qatar's energy minister sees his country supplying liquefied natural gas to Europe for decades.
Qatar's energy minister sees his country supplying
In a wide-ranging interview with Axios, Qatari Energy Minister Saad bin Sherida Al-Kaabi said Europe made a mistake in pushing to switch to renewable energy too quickly while remaining dependent on Russian gas supplies for baseload power., and Qatar will significantly increase its capacity when new facilities open in 2026.
"So if they have other ideas in Europe and so on, well, if they materialize into something that's a reality, and that they can transform to something else, you know, good for them. But until then we'll be serving their markets."Al-Kaabi said the global community is heading into the next round of UN climate talks in Egypt after a year of emissions backsliding. This is largely due to geopolitical developments including the uneven covid recovery and the war in Ukraine.
"Global warming is a reality that we can't hide away from." He cited QatarEnergy, which he leads, for moving aggressively into solar, carbon capture and storage andHe gave his own take on whether industrialized countries should set up a fund to compensate developing countries for the climate disasters they are already experiencing as a result of the developed world's emissions.
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