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Qatar Extends Its Natural Gas Dominance at Russia’s Expense

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“The Qataris are not going to let a big European energy crisis go to waste,” said Jim Krane, an energy expert at Rice University. “They’re locking in a new long-term contract in Germany with desperation still hanging in the air.”Qatar will supply two million tons of gas a year, giving Germany a measure of energy security. Even still, the Qatari gas represents a small fraction of what Russia has supplied to Germany and will not start arriving until 2026. Germany is also courting other producers, including the United Arab Emirates.In addition to that deal, Qatar recently signed a contract to supply natural gas to China for 27 years — the longest such contract ever record …

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