London Daily

Focus on the big picture.
Friday, Feb 20, 2026

Cost of living: Qatar willing to help UK but West must also take responsibility, energy minister says

Cost of living: Qatar willing to help UK but West must also take responsibility, energy minister says

In an exclusive interview with Sky News, Qatar's energy minister says western powers including the UK are paying a high price for their drive to achieve net-zero through renewable sources.

Qatar is willing to help the UK with its cost of living crisis, the country's energy minister has said - but he also criticised western countries who spent years "demonising oil and gas companies".

In an exclusive interview, Saad Sherida Al-Kaabi said that years of pushing for a rapid end to fossil fuel production and calling producers the "bad guys" had contributed to the current crisis.

He told Sky News that the root causes of the recent increase in gas and energy prices in Europe and beyond could be traced back many years before the Russian invasion of Ukraine.

"It's definitely a deeper issue," he said - pointing out that investment in gas production had fallen steadily in recent years, as Europe pushed to eliminate carbon emissions sooner in an effort to combat climate change.

"There was a build up of countries pushing for the [energy] transition in a hard way. [They pushed for] net-zero, moving to renewables, doing away with fossil fuels and demonising the oil and gas companies, [calling them] the bad guys. And [as a result] you don't have enough investment in the oil and gas sector."

Saad Sherida Al-Kaabi is Qatar's energy minister


The comments came as a Qatari delegation, led by the country's leader, the Emir, met with Boris Johnson to announce a "Strategic Investment Partnership" under which Qatar will invest up to £10bn across the UK.

However, with energy regulator Ofgem signalling that the price cap will rise to £2,800 this winter - the highest level on record - there is little instant remedy for the wholesale gas prices being faced by the UK.

The energy minister said: "The wind does not always blow, and the sun does not shine all the time… We are absolutely convinced that you can't achieve that transition [to renewables] without fossil fuels. And the best fossil fuel available to mankind is gas."

Qatar has the world's third-biggest proven natural gas reserves, and is now one of the biggest providers of the fuel to the UK, shipping it in vast liquefied natural gas tankers to Britain's three LNG terminals.

The minister said the UK was "in better shape than a lot of other countries" but that there was little Qatar could do to bring the price down in the short run.

"Unfortunately, it's a little bit painful because it will take time [and the price is] amplified by the Ukraine issue," he said.

"But we're absolutely ready [to help]. The UK is a very important country for us in Europe, and we will definitely do our best."

Newsletter

Related Articles

0:00
0:00
Close
UK Confirms Preferential U.S. Trading Terms Will Continue After Supreme Court Tariff Ruling
U.S. and U.K. to Hold Talks on Diego Garcia as Iran Objects to Potential Military Use
UK Officials Weigh Possible Changes to Prince Andrew’s Position in Line of Succession Amid Ongoing Scrutiny
British Police Probe Epstein’s UK Airport Links and Expand High-Profile Inquiries
Early 2026 Data Suggests Tentative Recovery for UK Businesses and Households
UK Introduces Digital-First Passport Rules for Dual Citizens in Border Control Overhaul
Unable to Access Live Financial Data for January UK Surplus Report
UK Government Considers Law to Remove Prince Andrew from Royal Line of Succession
UK ‘Working Closely with US’ to Assess Impact of Supreme Court Tariff Ruling
Trump Criticises UK Decision to Restrict Use of Bases in Potential Iran Strike Scenario
UK Foreign Secretary and U.S. State Chief Hold Strategic Talks as Tensions Rise Over Joint Air Base
Two teens arrested in France for alleged terror plot.
Nordic Fracture: How Criminal Scandals and Toxic Ties are Dismantling the Norwegian Crown
US Supreme Court Voids Trump’s Emergency Tariff Plan, Reshaping Trade Power and Fiscal Risk
King Charles III Opens London Fashion Week as Royal Family Faces Fresh Scrutiny
Trump’s Evolving Stance on UK Chagos Islands Deal Draws Renewed Scrutiny
House Democrat Says Former UK Ambassador Unable to Testify in Congressional Epstein Inquiry
No Record of Prince Andrew Arrest in UK as Claims Circulate Online
UK Has Not Granted US Approval to Launch Iran Strikes from RAF Bases, Government Confirms
AI Pricing Pressure Mounts as Chinese Models Undercut US Rivals and Margin Risks Grow
Global Counsel, Advisory Firm Co-Founded by Lord Mandelson, Enters Administration After Client Exodus
London High Court dispute over Ricardo Salinas’s $400mn Elektra share-backed bitcoin loan
UK Intensifies Efforts to Secure Saudi Investment in Next-Generation Fighter Jet Programme
Former Student Files Civil Claim Against UK Authorities After Rape Charges Against Peers Are Dropped
Archer Aviation Chooses Bristol for New UK Engineering Hub to Drive Electric Air Taxi Expansion
UK Sees Surge in Medical Device Testing as Government Pushes Global Competitiveness
UK Competition Watchdog Flags Concerns Over Proposed Getty Images–Shutterstock Merger
Trump Reasserts Opposition to UK Chagos Islands Proposal, Urges Stronger Strategic Alignment
Greek Prime Minister Kyriakos Mitsotakis advocates for a ban on minors using social media.
Liberal Senator Michaelia Cash Accuses Prime Minister of Lying to Australians
Meanwhile in Time Square, NYC One of the most famous landmarks
Jensen Huang just told the story of how Elon Musk became NVIDIA’s very first customer for their powerful AI supercomputer
A Lunar New Year event in Taiwan briefly came to a halt after a temple official standing beside President Lai Ching‑te suddenly vomited, splashing Lai’s clothing
Jillian Michaels reveals Bill Gates’ $55 million investment in mRNA vaccines turned into over $1 billion.
Ex-Prince Andrew Mountbatten-Windsor's arrested
Former British Prince Andrew Arrested on Suspicion of Misconduct in Public Office
Four Chagos Islanders Establish Permanent Settlement on Atoll
Unitree Robotics founder Wang Xingxing showcases future robot deployment during Spring Festival Gala.
UK Inflation Slows Sharply in January, Strengthening Case for Bank of England Rate Cut
Hide the truth, fake the facts, pretend the opposite, Britain is as usual
France President Macron says Free Speech is Bull Sh!t
Viktor Orbán getting massive praise for keeping Hungary safe, rich and migrant-free!
UK Inflation Falls to Ten-Month Low, Markets Anticipate Interest Rate Cut
UK House Prices Climb 2.4% in December as Market Shows Signs of Stabilisation
BAE Systems Predicts Sustained Expansion as Defence Orders Reach Record High
Pro-Palestine Activists Cleared of Burglary Charges Over Break-In at UK Israeli Arms Facility
Former Reform UK Councillors Form New Local Group Amid Party Fragmentation
Reform UK Pledges to Retain Britain’s Budget Watchdog as It Seeks Broader Economic Credibility
Miliband Defends UK-California Clean Energy Pact After Sharp Criticism by Trump
University of Kentucky to Host 2026 Summer Camps Fair Connecting Families with Local Programmes
×