The head of Qatar’s $450 billion sovereign wealth fund said it will use the current economic turmoil as an opportunity to rebalance its portfolio.
Natural gas markets are expected to be volatile in the coming years as demand continues to outpace supply, according to Qatar's energy minister.
Credit Suisse Group AG's longtime top shareholder Harris Associates sold some of its shares, reducing its stake by about half.
Qatar recently made a small-scale agreement to provide Germany with natural gas, marking its first long-term agreement with Europe. This comes as Germany is working to secure its energy needs for the future, following the termination of its energy ties with Russia.
In an interview with Bloomberg TV, Qatar's energy minister Saad Al Kaabi slammed European proposals to set limits on the price of natural gas, calling them "hypocritical."