The Kremlin’s decision to invade Ukraine almost a year ago was an earthquake of Western measures against Russia. One of them was to leave behind the consumption of Russian gas and fuel, something that the Qatari Minister of Energy, Saad al Kaabi, believes will end and the European Union (EU) will return to Russian gas after “the situation is resolved”. between Russia and Ukraine, since “the war will not last forever”.
“Russian gas will return to Europe next year, once the situation is resolved. That will be a great breather for the entire gas sector and prices will stabilize,” said the Qatari official at the Global Energy Forum, organized by Atlantic City Hall in Abu Dhabi.
“This war will not last forever. Although the EU has said that there is no way they will return to Russian gas. We have all been blessed with the ability to forget and forgive, and that is done over time,” he highlights. I also commend that some of those countries that depended almost entirely on Russian gas have managed to diversify their sources. Qatar, like other countries in the Persian Gulf, has established itself as one of the alternatives to Russian gas for the EU.
On the other hand, the president of the European Commission, Ursula von der Leyen, said yesterday from Sweden that Russia “has exploited this dependence” on fossil fuels and has tried to “blackmail” the EU.
“Russia has cut off 80% of our gas supplies in just eight months. But we have mastered this unprecedented energy crisis. We made up for Russian gas cuts by diversifying to other reliable suppliers. We were able to make up for it without blackouts. We managed to save 20% energy “, I assert. And he said that gas prices are now “lower than before the Russian invasion.”