Qatar Holds Crisis Talks with Energy Firms over Israel-Iran Conflict Risks
Qatar Holds Crisis Talks with Energy Firms over Israel-Iran Conflict Risks

Qatar Holds Crisis Talks with Energy Firms over Israel-Iran Conflict Risks

News summary

Qatar has convened crisis talks with major energy companies following Israeli strikes on a large gas field shared with Iran, highlighting significant risks to global gas supplies. Saad Al Kaabi, CEO of QatarEnergy, urged these companies to alert the U.S., British, and European governments about the potential disruptions, as Qatar's liquefied natural gas operations account for about 20% of the global supply. The discussions included ambassadors from countries with stakes in QatarEnergy's North Field expansion project, underscoring the urgency of maintaining export stability. Despite the tensions and ongoing conflict between Israel and Iran, no interruptions to Qatar's LNG exports have occurred, and deliveries remain on schedule. The situation is part of broader regional instability, with Iran refusing to negotiate its nuclear program under attack and the U.S. considering involvement in the conflict. Qatar continues diplomatic efforts to manage energy security risks amid the escalating Israel-Iran conflict.

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