Pandemic Leaves Qatar’s oil industry in Limbo

Mostafa Kamal

The Qatari regime has received several strikes, especially in the economy sector, which was severely affected by the exaggerated silence of the small emirate to recognize the existence of (Covid-19) In order to maintain its economic projects.

The devastating blow that Doha received, through “Qatari gas” it exports to Pakistan, came after demands from the latter to stop the request permanently in light of the current situation.

After receiving that slap, Doha seeks efforts to bridge the economic deficit that occurred in it, by challenging everyone and continuing to deal with China in light of the global crisis and not cooperating with it at the present time, by supplying gas to it to avoid the resounding fall of the “Hamdeen” regime.

The Qatari emirate led by Tamim has received a strong blow from Pakistan, after the latter announced the abandonment of the import of Qatari liquefied gas. The Pakistani government is exposed to what is known as the “force majeure” in the Pakistani economic law, as the terms of the contracts indicate the exemption of either party. The contractors are bound by their obligations when compelling circumstances beyond their control, such as war or natural disasters, which Doha did not expect from Islamabad at the present time in light of the economic crisis it is undergoing and facing severe depletion in liquidity, economy and the local stock exchange due to the spread of Corona, and the closure of many From dr The world’s doors to cope with the spread of the epidemic and to contain it.

The Petroleum Department in Pakistan is working with the Pakistan Oil Company “PSO” and two gas facilities in the public sector on a proposal for the federal government to announce a “force majeure” in the long term in dealing with Doha to stop importing LNG from it amid low oil prices and low demand, as it stopped Pakistan Liquefied Natural Gas Company Limited (PLL) is the international bidding process for the purchase of LNG, which has called on the Pakistani Petroleum Department that the matter may be taken up with the Qatari government to announce force majeure in order to reduce supplies from Doha.

This comes at a time when the Qatari government failed to persuade Pakistan in the middle of last year for the LNG deal during Tamim’s recent visit to Islamabad, and to win the long-term gas deal with Pakistan, which includes supplying Islamabad with 200 million cubic feet of gas, despite Doha’s attempts Presenting attractive offers to provide Pakistan with a larger share of LNG, at 11.05% of Brent crude, which was rejected by Imran Khan, then-President of Pakistan, by concluding the gas agreements for which the Qatari Prince traveled.

After the blow that Doha received from Pakistan and amid the repercussions of the global epidemic, it sought to preserve as much as possible its economic projects and solve the crisis that occurred in it, as it resorted to China as an alternative and quick solution to avoid the huge losses that were caused to the Hamdeen regime, in a clear challenge to all and a complete disregard in dealing with The global epidemic, as Qatargas’ unified operating company affiliated to the Qatari government said that it had delivered a shipment of liquefied natural gas aboard the Q-Flex tanker on the night of Wednesday, April 1, 2020, to the “Zhoushan” station to receive LNG in China, explained in A statement to her that the carrier’s load has reached Nearly 210,000 cubic meters of LNG, and the Chinese plant includes two tanks each with a capacity of 160,000 cubic meters, and also includes a dock for LNG with a capacity of 3 million tons in its first stage, which confirms that that deal came at the time Where the repercussions of the global epidemic escalated, the small emirate’s attempts to go anywhere to avoid economic losses without considering the world to challenge the epidemic.