LAST UPDATE: 17:49
Germany and Qatar have agreed on a long-term energy partnership, a German official has said, as Europe’s largest economy now seeks to reduce its energy ties with Moscow after a long-running policy of boosting its energy dependence on Russia.
Russia is Germany’s largest gas supplier, and German Economy Minister Robert Habeck is leading a series of initiatives aimed at reducing German dependence on Moscow following the Russian invasion of Ukraine.
The Emir of Qatar Sheikh Tamim bin Hamad al-Thani welcomed Habeek today and discussed ways to strengthen bilateral relations, especially in the field of energy, the emir’s court announced.
A spokesman for the German Economy Ministry in Berlin confirmed that an agreement had been reached. “The companies that came to Qatar with Hubeck will now start contract negotiations with the Qatari side,” the spokesman explained.
Robert Habeck also met with Qatari Minister of Energy Saad Serinda Al-Kaabi in Doha to discuss energy relations and cooperation between Qatar, one of the world’s largest gas exporters, and Germany, as well as ways to strengthen them. , according to a statement from Al-Kaabi.
German and South Korean officials met in Qatar
German and South Korean officials held talks in Qatar today, highlighting the efforts of major energy importers to find alternatives to Russian supplies amid disruptions in the oil and gas markets caused by the war in Ukraine.
According to Reuters, the Emir of Qatar Sheikh Tamim bin Hamad al Thani met with the Prime Minister of South Korea Kim Bu-kyum and the Minister of Economy of Germany Robert Habek for talks on bilateral cooperation focusing on the energy sector, the state broadcast. Qatar News Agency
The Gulf Arab state is the world’s leading exporter of liquefied natural gas and has the third largest gas reserves after Russia and Iran.
Kim also met with Qatari Prime Minister Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani to discuss investment, energy, health, agriculture, security and sports, in particular the upcoming 2022 World Cup in Doha.
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
