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Russian gas will ‘return’ to Europe, says Qatari energy minister

European countries will end up resuming imports of russian gaspredicted this Saturday the minister of Qatar Energyone of the largest exporters in the world, who also estimated that the current volatility of the gas market will continue.

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European countries heavily restricted purchases of gas Russian after the invasion of Ukraine by Moscow in February 2022, a conflict that caused a major shock in the world market for Energy.

“The gas Russian To return toin my opinion, a Europe”, which now has a “much greater diversity” sources of supply, declared the Minister Qatari Saad Sherida al Kaabi, also the chairman of QatarEnergy, the national company of the gas-rich Gulf emirate.

“The Europeans say today that it is not about that, but things are fixed with time,” added the person in charge in a forum about Energy organized in Abu Dhabi.

exports of Gazprom gas to the European Union and Switzerland they fell 55% in 2022, according to this giant Russian of the Energybeing Europe before its main market.

This month, the wholesale price of gas naturally in Europe it fell a its lowest level since the Russian invasion of Ukraine, thanks a a mild winter.

However, analysts warn of the unpredictability of the market in the coming months.

Source: Elcomercio

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