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Reuters
Reuters
World
Maha El Dahan, Andrew Mills and Marwa Rashad

Qatar says "almost impossible" to quickly replace Russian supplies to Europe

FILE PHOTO: Qatar Petroleum CEO and Minister of State for Energy Saad al-Kaabi speaks during a news conference in Doha, Qatar June 24, 2019. REUTERS/Naseem Zeitoun

Neither Qatar nor any other single country has the capacity to replace Russian gas supplies to Europe with liquefied natural gas (LNG) in the event of disruption due to a conflict between Russia and Ukraine, Qatar's energy minister said on Tuesday.

With most of Qatari volumes are locked into long-term contracts mostly to Asian buyers, the amount of divertable volumes that can be shipped to Europe is only 10-15%, Saad al-Kaabi added.

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