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Germany signed an agreement with Qatar for the import of liquefied natural gas

Germany made an agreement with Queue for the import of liquefied natural gas (LNG) announced this Friday the respective governments,…

By admin , in news , at May 20, 2022

Germany made an agreement with Queue for the import of liquefied natural gas (LNG) announced this Friday the respective governments, who also signed a memorandum of cooperation in energy matters in Berlin.

Qatar’s Emir Sheikh Tamim al thanikproceeded to a joint press conference with the German Chancellor, Olaf ScholzoJoe expects LNG supplies to start in 2026 or 2027, when the expansion of the Qatari gas fields is completed.

However, he did not want to give details about the volume of exports, which he described as a “technical problem” of which he is not the “best expert”, although he did not want to provide “every possible supply to support security in Europe”. “Promised.

He indicated that the “energy crisis” is not a new development of events, although the war in Ukraine has exacerbated it, adding that Qatar is “proud” to be able to contribute for market stability.

Scholz stressed that cooperation will deepen not only in the energy sector but also in the areas of high technology and economic transformation.

He said that from now on there will be regular consultations between the two countries at the level of foreign ministers.

The Chancellor highlighted the strategic importance of energy security and recalled that in order to be independent of Russian supplies via the gas pipeline, Germany is building the necessary infrastructure to be able to import liquefied gas by ship.

“This is a big step forward and Qatar has a central role in our strategy,” he said, adding that not only Germany but other European countries in the Persian Gulf want to diversify their gas imports by using German ports. are looking.

As Qatar’s deputy head of government, Mohammed bin Abdulrahman al-Thani, told the German newspaper “Handelsblatt” this Friday, LNG exports could start even in 2024, based on gas extracted in Texas (USA). 70% of the facilities controlled by the Gulf country.

According to this source, in 2025 or 2026, the expansion of prospecting in the South Pars-North Dome condensed natural gas field, the largest in the world, which Qatar shares with Iran, could be completed.

This will make it possible to increase the volume of liquefied natural gas from 77 million tonnes per year to a total of 126.

Germany signed an agreement with Qatar for the import of liquefied natural gas

2022-05-20 14:18:01