Qatar has signed a natural-gas deal with Germany, helping Berlin diversify supplies following the rupture of its decadeslong energy relationship with Russia
Qatar signed a small-scale agreement to supply Germany with natural gas, its first long-term deal with Europe, as Berlin races to cover future needs after theQatar, one of the world’s largest exporters of the fuel, has agreed to send Germany two million tons of liquefied natural gas a year for at least 15 years, starting from 2026, in a deal with U.S. energy major ConocoPhillips. The volume would cover around 3% of Germany’s 2021 annual gas consumption.
The deal will help Qatar “contribute to efforts to support energy security in Germany and Europe,” said Saad al-Kaabi, Qatar’s energy minister and CEO of QatarEnergy.Michael Sohn/Associated Press The deal follows an agreement Qatar signed with China last week to supply Sinopec with LNG for 27 years, the longest LNG deal to date.
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