Qatar supplies LNG to Germany
Qatar and Germany have agreed on a contract for the supply of liquefied natural gas.
Qatar’s energy minister said the emirate will supply two million tons of liquefied gas annually for at least 15 years.
According to the Qatar government, the energy giant Qatar Energy has concluded an agreement on the supply of liquefied natural gas to Germany. The gas is to be sold to the US company Conoco Phillips, which will deliver it to Brunsbüttel, said Qatari Energy Minister Saad Sharida al-Kaab. Delivery is scheduled to begin in 2026 and run for at least 15 years. Up to two million tons are to be delivered annually.
Qatar Energy is also in talks with German companies about further gas deliveries, Al-Kaabi explained. “We have good relations with German companies and with the German government,” he said. The gas for the agreement that has now been concluded comes from the two Qatari gas fields North Field East and North Field South, which lie off the coast of the Gulf state.
Qatar is one of the world’s largest exporters
Chancellor Olaf Scholz (SPD) only said last week that the purchase of liquefied natural gas (LNG) in Qatar was not off the table. “German companies are in very concrete talks about which I could tell you more than I will,” said Scholz in a “Focus” interview.
Germany is trying to replace missing gas supplies from Russia, among other things, with LNG supplies, for which several terminals are being built on the North and Baltic Seas. Qatar is one of the world’s largest exporters of liquefied natural gas. The rich emirate has the third largest gas reserves in the world after Russia and Iran. Qatar shares the world’s largest gas field with Iran, located off the country’s coast. The vast majority of exports go to Asia, so far primarily to Japan, South Korea and India.
German gas storage tanks are full
Although the German gas storage facilities are now full, according to industry data, their filling level reached 100 percent by Tuesday. But liquefied natural gas should make an additional contribution, Federal Economics Minister Robert Habeck (Greens) speaks of a “central building block for securing our energy supply in the coming winter”.
So far, Germany and other European countries have received the LNG received via the Netherlands, Belgium or France primarily from the USA. On a trip in the spring, Habeck tried to establish supply relationships with Qatar.
