DOHA: QatarEnergy welcomes the European Commission’s formal decision to end the LNG long-term supply agreements investigation it had opened in 2018.
“Over the past three and a half years, QatarEnergy worked closely with the Commission’s Directorate General for Competition and made sure that we responded transparently and cooperatively to all of their queries. We are fully supportive and satisfied with the outcome. As reiterated in the past, QatarEnergy remains committed to the highest levels of compliance with regulatory authorities in all geographical areas in which it operates,” the company said in a statement.
EU regulators on Friday scrapped their investigation into Qatar Energy after evidence they collected did not confirm their initial concerns.
"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.
