QatarEnergy CEO: are you telling us you don’t want our LNG into EU?

ESG produces costs. Limiting your options on a market produces costs. Sometimes those costs are worthwhile. There are good reasons why those costs should be accepted. That may be worthwhile when a country slaps tariffs on another country to protest abusive practices or protect its industries. In any case, that is for the electorate to decide at the elections. But for that to work, the objective and the costs must be clearly communicated. ESG is being presented as cost-free which it is not and therein lies the fraud.

QatarEnergy CEO: are you telling us you don’t want our LNG into EU? - LNG Prime

Qatar’s energy minister and QatarEnergy’s CEO, Saad Sherida Al-Kaabi, has criticized a new European directive that sets strict ESG reporting standards for large companies operating in the EU.

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