fbpx

Biden to meet Qatar leader as Europe energy crisis looms

CTN News

 

WASHINGTON (AP) — President Joe Biden is hosting the ruling leader of Qatar at the White House on Monday as he looks for the gas-rich nation to step up once again to help the West as it faces the prospect of a European energy crunch if Russia invades Ukraine.

 


What You Need To Know

    • President Joe Biden is preparing to host the ruling leader of Qatar at the White House as the West faces the prospect of a European energy crunch if Russia invades Ukraine

 

    • Qatar is one of the world’s biggest natural gas suppliers, but it might only be able to offer limited assistance if Russia disrupts the flow of energy supplies to Europe

 

    • The White House anticipates that Qatar may renew its request for a $500 million purchase of M-9 Reaper drones

 

  • Also up for discussion is the status of U.S. efforts to resurrect the 2015 Iran nuclear deal

 

Qatar played a central role in aiding last summer’s U.S. military evacuations of Afghan helpers and U.S. citizen in Afghanistan, hosts the biggest American air base in the Middle East and served as a go-between with the Taliban for the last three U.S. administrations as they tried to wind down America’s longest war.

Now, with some 100,000 Russian troops massed at the Ukraine border, experts say Qatar — the world’s second-biggest exporter of liquified natural gas, or LNG — is eager to help Biden again but might only be able to offer limited assistance if Russia further disrupts the flow of energy supplies to Europe.

“Qatar sees this as an opportunity to further improve its relationship with the U.S. after Afghanistan,'” said Yesar Al-Maleki, an energy economist at the Middle East Institute in Washington. “But it is going to be very hard to do because there isn’t excess supply.”

Qatar is already producing at full capacity with much of its supply under contract to Asia. Even if some Pacific allies of the U.S. — including India, Japan and South Korea — are persuaded to divert some LNG orders it has contracted to Europe, it will only have a…

Read the full article HERE