Categories: Business

UK government eyes Qatar for gas deals


Wed, 2022-10-05 16:04

LONDON: The British government is negotiating with Qatar and Norway to secure new long-term gas contracts amid crippling energy shortages, the Times of London reported.

Business Secretary Jacob Rees-Mogg is reportedly negotiating deals that would see Britain required to purchase a significant quantity of gas products at a set price over at least the next decade, which could put Britain at risk of overpaying if the market suddenly changes.

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