German pursue for Middle Eastern gas turns out unsuccessful | MENAFN.COM

Sunday, 25 September 2022 06:01 GMT

German pursue for Middle Eastern gas turns out unsuccessful

(MENAFN) Germany has until now failed to carry on vows to provide liquefied natural gas (LNG) provisions from Qatar, the newspaper Deutsche Wirtschaftsnachrichten mentioned in a report issued on Friday.

As said by the article, quoting a information from the magazine Focus Online, none of the main German energy firms, such as EnBW, RWE, Vattenfall, E.On, as well as Lex Uniper, have until now inked deals with providers from Qatar.

Some firms have only approved on further deliveries from the US. EnBW, for example, has declared a deal with North American provider Venture Global LNG, under which the firm prepare to purchase 1.5 million tons of LNG a year, but simply beginning 4 years from now.

In the meantime, the German media mentioned that Italian energy firms Eni in mid-June purchased a share in Qatar's USD28 billion North Field East LNG venture, becoming the project’s second-biggest stakeholder after France's TotalEnergies.

Looking to secure Qatari LNG provisions after decreasing gas imports from Russia, German Economy Minister Robert Habek took a trip to Doha in March, after that visit, he vowed that Germany would shortly begin receiving the nation’s gas.


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