Qatar Hopes EU Will Restudy ESG Rule That's Affecting LNG Trade.

Qatar's finance minister expressed concerns about a European Union regulation that imposes strict ESG-reporting standards on companies trading with the bloc, stating that it creates unfair competition. The rules could impact Qatar's liquefied natural gas exports to Europe, prompting the minister to seek a reevaluation of the directive. Qatar's economic diversification plan aims to grow the non-hydrocarbon economy by 4% annually by 2030, focusing on sectors like low-carbon manufacturing, technology, tourism, and logistics. [Extracted from the article]