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The EUROPEAN Union will also have today, Qatar took advantage of the fire to open a sky-high contract, to sign a 20-year contract

author:Elephant talk

After the outbreak of the war between Russia and Ukraine, the Western countries led by the United States quickly imposed all-round sanctions against Russia, the most important of which was to attack Russia's energy industry, after all, selling oil and natural gas is the main source of Russia's foreign exchange earnings. However, the energy losses of the United States itself as an oil producer sanctioning Russia are not very large.

The EU itself is not a big oil and gas country, they are very dependent on Russia's energy, once Russia does not supply them with oil and gas, then they do not even know how to pass the next winter. Therefore, we can see that when the sanctions first began, there were still many countries in the EU writhing.

The EUROPEAN Union will also have today, Qatar took advantage of the fire to open a sky-high contract, to sign a 20-year contract

At the outset, the EU's performance on oil and gas sanctions against Russia naturally sparked widespread internal and external discontent. Populism within the EUROPEAN Union as a result of the war in Ukraine has forced the EU government to completely decouple from Russia's energy.

Ukraine and the United States are also putting constant pressure on the European Union. Not long ago, the sixth round of sanctions against Russia was passed, the most important of which was to completely strangle Russia's oil and gas exports, and some "head iron" countries have been basically decoupled from Russian energy, such as Lithuania and Poland.

The EUROPEAN Union will also have today, Qatar took advantage of the fire to open a sky-high contract, to sign a 20-year contract

But then again, although the EU countries are fiercely talking about it, if they can't find a qualified oil and gas replacement supplier, then they will all freeze to death in a few winters. In this case, the European Union, which was in a hurry to go to the hospital, approached Qatar. But Qatar, which has a lot of resources, is also not a vegetarian. According to the latest report from Bloomberg, just a few days ago, a source revealed that Qatar requires EU countries to sign long-term purchase agreements for liquefied natural gas, preferably a 20-year contract. However, the EU is still busy meeting the so-called energy conservation and emission reduction targets at this time, so this requirement is very difficult for the EU.

The EUROPEAN Union will also have today, Qatar took advantage of the fire to open a sky-high contract, to sign a 20-year contract

Today's diplomatic performance of EU countries gives people the feeling of being too face-saving and too arrogant. Qatar is not stupid, although the EU and Russia are currently tit-for-tat, shouting to ban imports on the one hand and cutting off supply on the other, but what the situation will look like in ten years is now unpredictable. It should be known that when NATO held a summit in Lisbon, the capital of Portugal, in 2010, then Russian President Medvedev also participated, and 12 years ago Russia was still a so-called strategic partner of NATO.

But who would have thought that more than a decade later, relations between Russia and NATO would be strained to such an extent that NATO would see Russia as a major military threat? Who can be sure that relations between Russia and the EU will not ease in 2030?

The EUROPEAN Union will also have today, Qatar took advantage of the fire to open a sky-high contract, to sign a 20-year contract

Now, in the case of no way, the EU can only decouple from Russian energy with an iron heart and find alternative countries at all costs. Qatar is one of the few countries in the world that has the ability to increase gas production to make up for the EU's import deficit. At present, Qatar's proven natural gas reserves have reached 24.5 trillion cubic meters.

This figure accounts for 13.1% of the world's total natural gas reserves, second only to Russia and Iran. Qatar's offshore natural gas fields are also the largest in the world, with an annual output of nearly 80 million tons of LNG per year, accounting for 22% of the world's total LNG production. The scale of exports is also second only to Australia, ranking second in the world.

The EUROPEAN Union will also have today, Qatar took advantage of the fire to open a sky-high contract, to sign a 20-year contract

The EU is now faced with a difficult situation, if they decide to buy natural gas from the Americans, then there is no doubt that the residents of the EU will have to bear many times more expensive than the original natural gas. If they want to import gas from Qatar, they must offer an order large enough to ensure Qatar's long-term profits. If the EU is unwilling to do both of the above, then it can only continue to be manipulated by Russia.

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