European Union ends anti-trust probe into Qatar Energy

A person stands near the Qatar Energy section at an exhibition during the 23rd World Petroleum Congress conference at the George R. Brown Convention Center on 7 December 2021 in Houston, Texas. [Brandon Bell/Getty Images]

European Union antitrust regulators, on Friday, scrapped their investigation into Qatar Energy after evidence they collected did not confirm their initial concerns, Reuters reported. "Today's closure decision is based on a thorough analysis of all relevant evidence, including information received from Qatar Energy and the European gas importers," the European Commission said in a statement. Last month, Reuters exclusively reported that the state-owned company was no longer in the EU crosshairs. The EU investigation, opened in 2018, focused on Qatar Energy's supply agreements with European gas importers and their ability to sell liquefied natural gas in alternative destinations within Europe. For its part, Qatar Energy welcomed the European Union's decision to end the investigation into the LNG supply agreements. "Over […]