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Economy, Energy

“Russian gas will eventually return to Europe as nations ‘forgive and forget,’ Qatari energy minister says”

“…“The Europeans today are saying there’s no way we’re going back” to buying Russian gas, Saad Sherida al-Kaabi, energy minister and head of state gas company QatarEnergy, said at the Atlantic Council Energy Forum in Abu Dhabi.

“We’re all blessed to have to be able to forget and to forgive. And I think things get mended with time… they learn from that situation and probably have a much bigger diversity [of energy intake].”

Europe has long been Russia’s largest customer of most energy commodities, especially natural gas. EU countries have dramatically cut down their imports of Russian energy supplies, imposing sanctions in response to Moscow’s brutal, full-scale invasion of Ukraine…”

https://www.cnbc.com/2023/01/16/russian-gas-will-eventually-return-to-europe-as-nations-forgive-and-forget-qatari-energy-minister-says.html

Of course they will go back to Russian gas. Europe is finding out the hard way it’s not a good idea to cut off you’re nose to spite your face. Reliance on oil isn’t going to change anytime soon and the ban on Russian oil hurts Europe more than it does Russia.

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