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Problem is that you can't just go to Qatar and ask for some LNG delivery tommorow - they are supplying on long term contracts and they need to invest $$$ to inc
by Elhana 4y ago
Problem is that you can't just go to Qatar and ask for some LNG delivery tommorow - they are supplying on long term contracts and they need to invest $$$ to increase production. Qatar already told EU (Germany?) that they can only supply extra if they sign a 20 year contract, not 1-2 years.
- DoingIsLearning 4y agoEvery single supplier will squeeze EU countries for Gas money because they know the EU is caught with their pants down. EU countries will have to budget accordingly to match the new cost of a failed Energy Policy based on hydrocarbon dependency. Hopefully this will accelerate the extinction of the Oil&Gas lobby, both for the environment of our future generations as well as our geo-political resilience.