Even before Russia sent troops over the border into Ukraine, Europe and the U.S. had been attempting to secure other sources of natural gas. The Energy Minister for Qatar, one of the world’s largest LNG exporters, has said it can only divert 10-15 percent of its LNG cargo contracts to other destinations. Qatar’s Energy Minister emphasized that replacing such a huge volume on natural gas at such short notice is “almost impossible”. One of the world’s largest liquefied natural gas exporters, Qatar, can divert only 10-15 percent of its LNG cargo contracts to other destinations, Qatari Energy Minister Saad al-Kaabi said on Tuesday amid the escalation of the Russia-Ukraine crisis, adding that replacing Russian gas deliveries to Europe in the short term is “almost impossible.” The energy markets reacted on Tuesday after Russian President Vladimir Putin recognized two breakaway regions in eastern Ukraine and ordered troops in them, with […]