Gas prices ‘in God’s hands’, producers warn as Ukraine crisis sparks surge

Gas prices ‘in God’s hands’, producers warn as Ukraine crisis sparks surge

DOHA — Major gas exporting nations said on Tuesday they could not guarantee prices or supplies at a summit overshadowed by the worsening Ukraine crisis which has pushed costs to record highs in Europe.

Qatar's emir, who hosted the talks, said gas producers were working to ensure "credible and reliable" supplies, on the same day as Europe's concerns over deliveries from Russia were further hit by Germany's decision to halt the Nord Stream 2 pipeline project.

The Gulf state's energy minister said his country would help Europe as much as possible, but that the unprecedented prices paid by Europe's consumers were "in God's hands".