Qatar will continue to supply petroleum to UAETop Stories

June 19, 2017 12:15
Qatar will continue to supply petroleum to UAE

Amid the high tensions between Qatar and other Gulf nations, today in a meeting, the chief executive of the state-run Qatar Petroleum has told Al Jazeera said that Qatar will not cut petroleum supplies to the UAE.

Saad Sherida Al-Kaabi said that although there is a high diplomatic tension between the two nations and there was a “force majeure” clause in the Dolphin gas pipeline agreement, Qatar would not stop supplies to its “brothers.”

"The siege we have today is a force majeure and we could close the gas pipeline to the UAE," he said.

"But if we cut the gas, it does great harm to the UAE and the people of the UAE, who are considered like brothers ... we decided not to cut the gas now."

According to experts, a shutdown of the 364 kilometer Dolphin pipeline, which pumps 2 billion cubic feet petroleum per day to the UAE, links Qatar’s giant North Field with the UAE and Oman, would cause major disruptions to the UAE’s energy needs.

Sharjah National Oil Corp said that they did not expect flows of natural gas from Qatar to be interrupted by the diplomatic dispute in the region.

Earlier this month Saudi Arabia, along with the UAE, Bahrain, and Egypt - severed their diplomatic and trade relations with Qatar, accusing the nation for supporting "extremism" and aligning with their regional rival nation, Ira. Although Qatar has repeatedly denied the charges.

These nations cut off the sea and air links with Qatar and order Qatari people to leave their country within two weeks

One of the biggest regional carries, Qatar Airways was forced to take long detours after it was barred from using Saudi, UAE and Egyptian airspace.

The air, sea and land restrictions imposed by these nations have not yet affected maritime routes for Qatari LNG vessels, which can pass through the Strait of Hormuz.

Qatar ships almost 80 million tons of annual LNG  in tankers, to Japan, South Korea, and India, as well as to several European countries.

Any disruption to Qatar’s LNG exports could Averse the European Union as the United Kingdom, Spain and Poland greatly reply on Qatari LNG.

AMandeep

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