News

Reuters learned about the differences between Germany and Qatar in the negotiations on gas supplies

During negotiations between Germany and Qatar on long-term contracts for supply of liquefied natural gas disagreements arose over their key terms.

According to Reuters Germany, aiming to reduce its carbon emissions by 88% by 2040, is not happy with Qatar’s condition to sign contracts for at least 20 years, citing sources familiar with the situation, citing sources familiar with the situation.

“The issue of the duration of the LNG contract, potentially jeopardizing Germany’s decarbonization goals, is part of ongoing discussions with Qatar,” one of the agency’s interlocutors said.

Qatar also stipulates the destination of LNG supplies, which would prevent Germany from redirecting gas to other parts of Europe. However, the European Union opposes this condition.

The report notes that tough talks between Qatar Energy and German utilities highlight the challenges the EU is facing in its bid to phase out Russian gas. Germany has to compete with other countries for LNG from Qatar.

MailBD Official

Mail BD is the online news portal, where user will get news and updates on Entertainment, Celebrity news, Technology and others.
Back to top button