Reuters revealed that Germany and Qatar have hit difficulties in talks over long-term liquefied natural gas (LNG) supply deals amid differences over key conditions, including the duration of any contract. Germany, which aims to cut its carbon emissions by 88% by 2040, is reluctant to commit to Qatar’s conditions to sign deals of at least 20 years to secure the massive LNG volumes it needs to reduce its dependence on Russian gas.
Business & FinanceDealsEnergyGovernmentPolitics
Reuters reveals Germany, Qatar at odds over terms in talks on LNG supply deal
09 May 2022, 9:00 pm 1 minute
Article Tags
Topics of Interest: Business & FinanceDealsEnergyGovernmentPolitics
Type: Reuters Best
Sectors: Business & FinanceClimate ChangeCommodities & EnergyUtilities & Other Energy
Regions: EuropeMiddle East
Media Types: Text
Customer Impact: Important Regional Story