Published by maria gbaf
Posted on September 21, 2021
1 min readLast updated: February 4, 2026
Qatar's energy minister links high gas prices to investment shortfalls and supply issues, not a crisis. Sustainable pricing is preferred.
DUBAI (Reuters) – Qatar’s energy minister said on Tuesday that he believes currently high gas prices reflect a lack of investment as well as a shortage of supply but added he did not regard the situation as a crisis.
“There is a huge demand from all our customers, and unfortunately we cannot cater for everybody. Unfortunately, in my view, this is due to the market not investing enough in the industry,” Saad al-Kaabi said on the sidelines of an industry conference in Dubai.
Asked if he expects high prices to last he said: “We hope not. We don’t want these high prices, we don’t think it is good for the consumers. We don’t want $2 and we don’t want $20, we want to have a reasonable price that is sustainable.”
(Reporting by Alexander Cornwell and Yousef Saba in Dubai, writing by Marwa Rashad in London; editing by Jason Neely)
The main topic is the high gas prices attributed to investment shortages and supply issues, according to Qatar's energy minister.
Gas prices are high due to a lack of investment in the industry and a shortage of supply, as stated by Qatar's energy minister.
Qatar's energy minister does not consider the high gas prices a crisis but highlights the need for sustainable pricing.
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