Qatar says they can’t solve the LNG shortage – “We are maxed out”
Energy shortage news, this from Doha (Qatar, world’s largest seller of liquefied natural gas (LNG)).
- “We are maxed out, as far as we have given all our customers their due quantities,”
Comment from Qatar energy minister Saad al-Kaabi, who adds “I am unhappy about gas prices being high.”
I don’t have a pic of Saad al-Kaabi being unhappy about high prices for his product, this’ll have to do:
Background to this is LNG prices sank to record lows at the height of pandemic lockdowns, and have since surged to record highs this year. Low inventory and higher demand.