Germany closes energy deal with Qatar to reduce its dependence on Russia

Germany closes energy deal with Qatar to reduce its dependence on Russia

Germany and Qatar have reached a long-term energy partnership deal, a German official said on Sunday, as Europe’s biggest economy seeks to become less dependent on Russian energy sources.

Russia is Germany’s largest gas supplier and Economy Minister Robert Habeck has launched several initiatives to reduce the country’s energy dependency on Moscow after the invasion of Ukraine.

Qatari emir Sheikh Tamim bin Hamad al-Thani received Habeck on Sunday and the two discussed ways to improve bilateral relations, particularly in the energy sector, Qatari sources said. A spokesman for the German Economics Ministry in Berlin confirmed that a deal had been struck.

“The companies that have come to Qatar (with Habeck) will now enter into contract negotiations with the Qatari side”, said the spokesman.

Habeck also met with Qatari Minister for Energy Affairs Saad Sherida Al-Kaabi in Doha, where they discussed energy relations and cooperation between the parties, as well as ways to improve them.

Source: Gestion

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