Germany

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Germany and Qatar have agreed to start talks for LNG to supply Europe's largest gas market, and its new LNG import terminals, following a state visit by the German economy and climate minister to Doha. Robert Habeck “held open talks” with the Qatari government to pave the way to supplying gas to Europe, which Doha has committed to do, a spokeswoman from the German ministry told Energy Intelligence. “Now German companies will enter into negotiations with Qatari companies,” she said. Germany is Europe’s largest buyer of Russian gas, which makes up over half of the country’s gas imports. Germany has no domestic LNG terminals as yet, but German companies can buy LNG to be shipped into terminals in Northwest Europe. The gas can then be transported via pipe to Germany. The country is scrambling to diversify away from Russian gas imports in the wake of Russia’s invasion of Ukraine by rubber-stamping two LNG import terminals, creating a strategic gas reserve and accelerating renewable power capacity.

Topics:
LNG Supply, Gas Supply, Gas Demand
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