Germany’s plan to get gas supplies from Qatar fails


(MENAFN) Up to now, Germany could not to give vows to get liquefied natural gas (LNG) supplies from Qatar, according to the newspaper Deutsche Wirtschaftsnachrichten on Friday.

As shown in the article, quoting a report from the magazine Focus Online, none of the main German energy firms, as well as EnBW, RWE, Vattenfall, E.On, and Lex Uniper, have so far inked agreements with providers from Qatar.

Some firms have only received extra supplies from the US. EnBW, for example, has signed a deal with North American Provider Venture Global LNG, under which the firm will purchase 1.5 million tons of LNG every year, but only beginning 2026.

For now, the German media stated that Italian energy firm Eni in mid-June purchased a stock in Qatar's USD28 billion North Field East LNG project, to become the venture’s second-largest stockholder following France's TotalEnergies.

MENAFN15082022000045012476ID1104696950


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.