Qatar powerless to ease global energy crisis
By Andrew Mills and Guy Faulconbridge
https://www.reuters.com/business/energy/qatar-powerless-ease-global-energy-crisis-2021-10-11/Quote:
LNG prices, which sank to record lows at the height of pandemic lockdowns, have surged this year to record highs, but Qatar said it has no supplies available to calm the market. read more
"We are maxed out, as far as we have given all our customers their due quantities," said Qatar energy minister Saad al-Kaabi. "I am unhappy about gas prices being high."
Qatar can't help red hot gas markets as production at maximum
https://www.reuters.com/world/middle-ea ... 021-10-11/
Quote:
DOHA, Oct 11 (Reuters) - Qatar, the world's largest supplier of liquefied natural gas, said on Monday it can't help ease the red hot gas market because it has allocated all its output and believes the high prices are destructive for demand.
"We are maxed out as far as we have given all our customers their due quantities," Qatar's energy minister Saad al-Kaabi said.
He said he expected gas prices to "ease off slightly" as some plants come back up and with Russia's pledge to increase supplies to Europe, but high prices were not good.
"I am unhappy about gas prices being high," he said, adding that the U.S. market would "feel the pressure soon" and that customers are already feeling the effects by paying more for electricity.
"The lesson is more long-term deals. Even if I can benefit from short-term spikes like this, I don't like it because it is destructive to demand, it hurts my customer and my customer needs to be healthy for me to be healthy,” he said.
Катар не может помочь перегретому рынку газа, поскольку добыча на максимуме.
DOHA, 11 октября (Рейтер) - Катар, крупнейший в мире поставщик сжиженного природного газа, заявил в понедельник, что не может помочь снизить цены на газ, потому что уже добывает на пределе и считает, что высокие цены разрушительны для спроса.
«Мы исчерпали все возможности, выполняя заказы наших клиентов», - сказал министр энергетики Катара Саад аль-Кааби.
«Спрос со стороны клиентов превышает наши возможности» - министр
Министр ожидал, что цены на газ немного снизятся, после запуска ранее остановленного производства и на фоне обещаний России увеличить поставки газа в Европу.
"Страны, к которых нет долгосрочных контрактов, пострадают больше всех" - министр.
"Высокие цены, приносящие прибыль краткосрочно, ведут к снижению спроса в перспективе"
