EL7.AI
CommoditiesMedium•24 June 2026•
1 min read

US and Qatar Warn EU of Gas Crunch Over Methane Regulation

Key Facts

1The US and Qatar warned the EU that its climate policies on methane emissions will lead to a gas supply crunch and higher prices.
2US and Qatari energy officials Chris Wright and Saad al-Kaabi wrote a letter, quoted by the Financial Times, stating there is no viable path to compliance with EU methane regulations.

In a move reflecting escalating tension between major gas exporters and the largest import market, the US and Qatar warned the EU that its climate policies on methane emissions will lead to a gas supply crunch and higher prices. US and Qatari energy officials Chris Wright and Saad al-Kaabi wrote a letter, quoted by the Financial Times, stating there is no viable path to compliance with EU methane regulations. The warning comes as the EU seeks to tighten restrictions on LNG imports.

This development comes as Europe continues diversifying energy sources after the Russian crisis, increasingly relying on US and Qatari gas. Analysts suggest any supply disruption could sharply raise prices, especially with winter approaching.

Key European economic data is due this week, including Germany's Producer Price Index for May, which may signal price pressures. Markets also await a speech by Bundesbank's Nagel scheduled for June 18, which may address the impact of energy policies on inflation.