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![chigrl Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::20253024.png) Tracy Shuchart (𝒞𝒽𝒾 ) [@chigrl](/creator/twitter/chigrl) on x 322.1K followers
Created: 2024-12-22 13:17:06 UTC

Qatar will ‘stop’ EU gas sales if fined under due diligence law

(FT) Qatar has threatened to stop vital gas shipments to the EU if member states strictly enforce new legislation that will penalise companies which fail to meet set criteria on carbon emissions, human and labour rights.

The law requires EU countries to introduce powers to impose fines for non-compliance with an upper limit of at least X per cent of the company’s annual global revenue.

“If the case is that I lose X per cent of my generated revenue by going to Europe, I will not go to Europe . . . I’m not bluffing,” Kaabi said. “Five per cent of generated revenue of QatarEnergy means X per cent of generated revenue of the Qatar state. This is the people’s money . . . so I cannot lose that kind of money — and nobody would accept losing that kind of money.”


XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1870820861231640722/c:line.svg)

**Related Topics**
[countries](/topic/countries)
[acquisition](/topic/acquisition)
[qatar](/topic/qatar)
[tracy](/topic/tracy)

[Post Link](https://x.com/chigrl/status/1870820861231640722)

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chigrl Avatar Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl on x 322.1K followers Created: 2024-12-22 13:17:06 UTC

Qatar will ‘stop’ EU gas sales if fined under due diligence law

(FT) Qatar has threatened to stop vital gas shipments to the EU if member states strictly enforce new legislation that will penalise companies which fail to meet set criteria on carbon emissions, human and labour rights.

The law requires EU countries to introduce powers to impose fines for non-compliance with an upper limit of at least X per cent of the company’s annual global revenue.

“If the case is that I lose X per cent of my generated revenue by going to Europe, I will not go to Europe . . . I’m not bluffing,” Kaabi said. “Five per cent of generated revenue of QatarEnergy means X per cent of generated revenue of the Qatar state. This is the people’s money . . . so I cannot lose that kind of money — and nobody would accept losing that kind of money.”

XXXXXXX engagements

Engagements Line Chart

Related Topics countries acquisition qatar tracy

Post Link

post/tweet::1870820861231640722
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