The high cost of energy resources in the world due to the war in Ukraine helped Qatar seize the initiative in the geopolitical market and push back Russia. Reported by Bloomberg.

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It is noted that Europe, after the invasion of Russian troops in Ukraine, refuses oil from the Russian Federation and is looking for a new supplier, turned its attention to Qatar..

“In recent weeks, several high-ranking officials of the European Union have flown into Doha, and they have all clearly stated: we need your gas as soon as possible.. Germany has ordered businesses to start supply talks..

Qatar's energy exports in 2022 should reach $100 billion for the first time since 2014, given first-quarter trends.

Qatar is expected to spend even more money on global stock markets to achieve its foreign policy goals. To do this, Qatar will use its $450 billion sovereign wealth fund..

Meanwhile, construction continues in Qatar on a gas pipeline that will help increase gas exports by 60% by 2027..

Additional demand means increased competition among buyers for long-term supply contracts and likely better terms for Qatar.