Monday, 14 February 2022

EU’s Qatari LNG Antitrust Probe May Be Dropped Within Weeks - Bloomberg

EU’s Qatari LNG Antitrust Probe May Be Dropped Within Weeks - Bloomberg

European Union regulators may drop a four-year antitrust probe into Qatar Energy within weeks, according to two people familiar with the case.

EU officials haven’t confirmed concerns that supply agreements unfairly prevented the sale of liquefied natural gas across Europe, said one of the people, who both asked not to be named because the process isn’t public.

Europe has been seeking emergency supplies of gas from Qatar and other producers as ongoing tensions with Russia have sent energy prices soaring this winter.

Reuters earlier reported the likely closure of the probe.

Qatar Energy didn’t immediately respond to a request for comment outside of normal office hours. The European Commission declined to comment on the potential ending of the probe.

Regulators have “engaged in extensive fact-finding” and can’t anticipate when they might end their investigation, EU spokesman Daniel Ferrie told reporters at a Monday press briefing.

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