DOHA: As European countries are struggling to find alternative energy sources instead dependence on Russia, Qatar on Tuesday announced its first major deal to send liquefied natural gas to Germany.
Saad Sherida al-Kaabi, Qatar’s Energy Minister, has said that Qatar would send approximately two million tons of gas yearly for at least fifteen years from 2026 to Germany. Meanwhile, he said that state-run QatarEnergy was discussing other possible deals for Germany.
The energy minister, who is also QatarEnergy’s chief executive, said several Asian and European countries now want natural gas that he did not have enough negotiators to cope.
Qatar Gas Deal to Help Germany Meet Energy Demand
In February 2022, Russia’s invasion of Ukraine mounted pressure on the government of Germany to search for new energy sources. The latest deal with Qatar will not help the German government to get through the looming winter season.
According to the gas deal, a US firm and a long-term partner of QatarEnergy, ConocoPhillips, will buy the gas from Qatar. ConocoPhillips will send the gas to a new terminal that Germany is hurrying to finish at Brunsbuttel. – APP
