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.

  • PlaidBaron@lemmy.worldEnglish
    12·
    1 day ago

    These countries will be largely forgotten once oil is no longer a driving economic factor, and they know it.

    • deczzz@lemmy.dbzer0.comEnglish
      3·
      14 hours ago

      This and also why these oil countries are trying to sport wash their way to future profitable endeavors. Football, Olympics, eSports etc. As per usual the sports organizations and actors in the field doesn’t give a shit. “We have to go to football world championship because then we can tell them to do better on human rights!”. Nothing has happened. Your participation helped to sustain their sport washing and it’s going great.