Eyes on the gas prize

29 May 2022
With Russian gas supplies increasingly out of the global equation, opportunity looms for Middle East and North African gas producers

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Qatar and UK sign energy cooperation deal

Qatari emir visited London with his ministerial delegation, as part of a tour of Europe aimed at bolstering Doha’s gas supply interests in the continent

Qatar and the UK have signed a memorandum of understanding (MoU) for cooperation in the field of energy, state enterprise QatarEnergy announced in a social media post.

The MoU was signed at 10 Downing Street in London by Saad Sherida al-Kaabi, Qatar’s minister of state for energy affairs, and president and CEO of QatarEnergy, and Kwasi Kwarteng, the UK’s secretary of state for business, energy and industrial strategy.

Qatari Emir Sheikh Tamim bin Hamad al-Thani and British Prime Minister Boris Johnson witnessed the signing of the MoU, QatarEnergy said on 25 May.

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“Discussions during the meeting dealt with bilateral relations in the field of energy and enhancing the ongoing energy partnership between Qatar and the UK,” QatarEnergy said. It did not provide other details about the agreement, or topics discussed between the leaders.

Separately, a statement from the UK government said Qatar “is looking for opportunities to invest around £10bn ($12.5bn) in the UK over the next five years.” Read more

This package on the energy supply opportunity also includes:

> Emir highlights Qatar’s gas supply role
Will Algeria seize the gas opportunity?
> QatarEnergy and Shell to explore hydrogen projects
> Qatar keen to befriend Europe amid Ukraine crisis
> Ukraine invasion rocks gas markets

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