Gas prices began creeping up in 2021 amid underinvestment in production and competition for supplies between Europe and Asia. The supply crunch was exacerbated in 2022, as European countries began rejecting gas from Russia.
Qatar, UAE energy ministers say gas will be needed for long time oann.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oann.com Daily Mail and Mail on Sunday newspapers.
The world will need natural gas for a long time and more investment is required to ensure supply security and affordable prices during the global energy transition, the energy ministers of Qatar and the United Arab Emirates said on Saturday.