Qatar warns it will halt gas supplies to Europe if fined under EU due diligence law
www.politico.eu
“I’m not bluffing” in LNG threat, Qatari Energy Minister Saad Sherida al-Kaabi tells the FT.

Summary

Qatar warned it’ll halt gas exports to the EU if fined under the EU’s Corporate Sustainability Due Diligence Directive, which fines companies for human rights or environmental impacts, up to 5% of global revenue.

Qatari Energy Minister Saad Sherida al-Kaabi criticized the law as unworkable for QatarEnergy, a key LNG supplier to Europe.

The directive, part of the EU’s net-zero 2050 strategy, faces criticism but is set to be implemented by 2027.

The EU emphasizes its alignment with international standards and proportional enforcement of the rules.