Qatar may halt gas exports to UAE, expert:
"Energy expert Yasser Tageldin said in interview with Arabi21 website that the GCC crisis may jeopardize energy security in the region should Qatar withhold its gas supplies to the UAE over their latest rift.
Tageldin, the former chairman of the Energy Committee in the Egyptian Engineers Association, said that Qatar may decide to respond to the withdrawal of Gulf ambassadors from its territories by exploiting the gas needs of its neighbors. Abu Dhabi relies entirely on Qatari gas imports for its local needs through Dolphin Company which has a "limited contract" with Qatar to supply gas from Ras Lavan area to Al-Taweela Port from where gas is transported to both the UAE and Oman. Tageldin pointed out that the Dolphin contract is with the company rather than the Abu Dhabi government, which grants Doha more space for blackmailing UAE.
Such decision, however, may result in punitive fines imposed against Qatar by Dolphin, which leaves it to Qataris to decide whether financial losses could be acceptable in return for pressure on Abu Dhabi."
'via Blog this'
No comments:
Post a Comment