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If oil falls below $60 a barrel, power needs will not be met, says Qatar energy minister

ReutersMay 20, 2025 8:18 AM

- If oil fell below $60 a barrel, there would be a decline in investment and power requirements would not be met, Qatar's Minister of Energy Saad al-Kaabi said on Tuesday at an economic forum held in Doha.

He added that Qatar, one of the largest LNG global exporters, was "not worried at all" about a supply glut in liquefied natural gas (LNG).

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