Qatar satisfies almost 30 percent of global demand for liquefied gas. Along with Iran it is home to the world’s largest gas field. As the country’s diplomatic crisis deepens, there are fears that shortages could lie ahead.
Poroshenko is seeking to secure an energy co-operation with Turkey and Qatar. His Turkey trip comes ahead of talks with Angela Merkel, where he will urge Germany to scrap its Nord Stream 2 pipeline project with Russia.
Qatari and Saudi leaders have spoken on the phone to discuss the ongoing diplomatic crisis. But hopes for a breakthrough quickly fizzled as the two countries got into a spat over the details of the call.
As the diplomatic row between tiny Qatar and some of its bigger neighbors intensifies, it may slow down a region already suffering under low oil prices and political instability.
Despite a deepening diplomatic crisis with its neighbors, Qatar says it will increase natural gas production by a third. The announcement is seen as an act of defiance against sanctions by Saudi Arabia and others.
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