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Germany seals gas deal with Qatar to reduce dependence on Russia

German government is also supporting efforts to build new LNG terminals, purchasing LNG and accelerating plans to expand renewables capacity

Germany seals gas deal with Qatar to reduce dependence on Russia

Doha, March 21 - Neftegaz.RU. Germany and Qatar have reached a long-term energy partnership, a German official has said, as Europe’s biggest economy seeks to become less dependent on Russian energy sources, Al Jazeera has reported.

Russia is the largest supplier of gas to Germany and German economy minister Robert Habeck has launched several initiatives to lessen Germany’s energy dependence on Russia since it invaded Ukraine.

Qatar’s Emir Sheikh Tamim bin Hamad Al Thani met Habeck on Sunday and the 2 discussed ways to enhance bilateral relations, particularly in the energy sector, the Emiri court said in a statement.
A spokesperson for the German economics ministry in Berlin confirmed on Sunday that a deal had been clinched.

In a statement, Qatar said that for years it had sought to supply Germany but discussions never led to concrete agreements.
Qatar said it agreed with Germany that:
  • their respective commercial entities would re-engage and progress discussions on long term LNG supplies
Habeck also met Qatari Minister for Energy Affairs Saad Sherida al-Kaabi, they discussed energy relations and cooperation between Qatar, one of the world’s top gas exporters, and Germany, and ways to enhance them, according to a statement from al-Kaabi.

In late February, German Chancellor Olaf Scholz announced the construction of 2 new terminals for LNG in response to what some critics said was Germany’s over-reliance on Russian gas.
The terminals are to be located in Brunsbuttel and Wilhelmshaven in northern Germany.

Germany intends to phase out its nuclear power production by the end of this year, leaving observers questioning how Europe’s biggest economy will fulfill all of its energy needs.

Source : Neftegaz.RU


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