Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Germany, Qatar Sign Energy Partnership Agreement

German Economy and Climate Minister Robert Habeck and Qatari Energy Minister Saad Sherida al-Kaabi shake hands as they meet to sign an agreement on the two countries' energy partnership, in Berlin, Germany, May 20, 2022. (Reuters)

Germany and Qatar signed on Friday a declaration to deepen their energy partnership, with a focus on trade in hydrogen and liquefied natural gas (LNG), as Europe's biggest economy looks for alternative supplies amid Russia's invasion of Ukraine.

The partnership deal foresees regular meetings between authorities from both countries and creates a working group focused on developing trade relations in LNG and hydrogen, as well as one devoted to renewable energy.

Qatar's Emir Sheikh Tamim bin Hamad al-Thani was in Germany for the signing of the deal with German Economy Minister Robert Habeck, who traveled to Qatar in March, along with officials from German utilities RWE and Uniper, for talks on long-term LNG supply deals.

The agreement does not mean long-term LNG deals will be concluded, three people familiar with the supply deal talks told Reuters earlier this month.

Those talks face challenges, they said, with Berlin reluctant to commit to Qatar's conditions to sign deals of at least 20 years to secure the massive LNG volumes Germany needs to reduce its dependence on Russian gas.

Russia is currently the largest supplier of gas to Germany, and Habeck has launched several initiatives to lessen Berlin's energy dependence on Moscow since the invasion of Ukraine.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.