No concerns over Trump vow to lift LNG exports cap, Qatar energy minister says
"And you know even if you open up LNG and say we're going to export another 300 million tons from the U.S. or 500 million from the U.S., all these projects are driven by private enterprises that look at the commercial viability of projects," Kaabi, who is also the chief executive of state-owned QatarEnergy, said during the Doha Forum.
Kaabi said the penalty can be up to 5% of a company's total worldwide revenue, adding it would have far-reaching complications and harm companies in the bloc as well as firms operating there. He also said the Qatar Investment Authority, the estimated $510 billion sovereign fund, and other institutional investors would consider investing elsewhere to avoid penalties.
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