More than 60% of Egypt'.s LNG imports in 2016 -- 4.61 million mt of a total 7.26 million mt -- were sourced from Qatar.
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OMV could help Gazprom Neft in the initial geological assessment of two blocks in Iran.
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Tehran is strongly opposed to bullying. tension-creating policies. no matter which country is pursuing them.
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Suspending flights between the countries is among other measures taken by the countries against Qatar which also reciprocally did the same.
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Qatar is the world'.s biggest exporter of LNG. while Japan is the largest importer.
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The Saudi allies. in the meantime. have announced their plan to close air and sea transport links to Qatar.
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Qatar says move is ".unjustified". and says it carries out its duties in the fight against terrorism.
Read More »Qatar`s Dispute with Arab States Puts LNG Market on Edge
In reality though. Qatar can block exports to certain countries by issuing so-called destination restrictions.
Read More »Qatar-UAE Gas Pipeline Operating Normally. No Impact from Political Tensions
Saudi Arabia. the UAE. Egypt and Bahrain said on Monday they would sever all ties including transport links with Qatar.
Read More »Saudi-Led Isolation of LNG Giant Doesn`t Stop Gas or Oil Exports
Qatar. like Saudi Arabia and the U.A.E.. is also a member of the Organization of Petroleum Exporting Countries.
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