• Ar
  • Es
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Feature
  • Videos
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Feature
Videos
Infographs
In Pictures
  1. Home
  2. News
  3. MENA Europe
  4. UAE to supply Germany with LNG, diesel
MENA

UAE to supply Germany with LNG, diesel

  • By Al Mayadeen Net
  • Source: Agencies
  • 25 Sep 2022 18:29
  • 1 Shares

German RWE and UAE's ADNOC agree on supplying Berlin with liquefied natural gas by the end of December.

  • UAE to supply Germany with LNG, diesel
    Mohamed bin Zayed Al Nahyan, President of the UAE right, and German Chancellor Olaf Scholz, talk prior to a meeting at Al Shati Palace in Abu Dhabi, United Arab Emirates, Sunday, Sept. 25, 2022 (Abdulla Al Neyadi/UAE Presidential Court via AP)

German multinational energy company RWE has struck an agreement with Abu Dhabi National Oil Company (ADNOC) to provide Europe's largest economy with liquefied natural gas (LNG) by the end of December, RWE announced on Sunday.  

After Germany was heavily dependent on Russia for gas, it has been looking to diversify its energy supply since the war started in Ukraine, and the consecutive sanctions against Moscow prompted a race against the clock to diminish the country's reliance on Russian gas before winter.

The announcement came on Chancellor Olaf Scholz's second day of his trip to the Gulf region in the hope of sealing new energy deals to replace Russian supplies and mitigate the energy crisis.

Read: Germany issues nearly €65 bln relief to deal with winter energy crisis

"We need to make sure that the production of LNG in the world is advanced to the point where the high demand that exists can be met without having to resort to the production capacity that exists in Russia," Scholz told journalists before the agreement was announced.  

The LNG delivery will be 137,000 cubic meters, RWE revealed, and the first to be provided to a floating LNG terminal at Brunsbuettel near Hamburg.

"This marks an important milestone in building up an LNG supply infrastructure in Germany and setting up a more diversified gas supply," RWE stated.  

The president of the United Arab Emirates, Sheikh Mohammed bin Zayed Al-Nahyan, signed a deal with Scholz that covers boosting industrial growth and energy security.  

In addition, ADNOC reserved an unknown number of LNG cargos for Germany in the coming year, the state news agency WAM reported on Sunday.  

Scholz visited Qatar, UAE, and Saudi Arabia and stated his country was resolved to never again rely on a single energy supply and highlighted "progress" in gas projects.

His visit to Qatar comes just one day after TotalEnergies of France announced a fresh $1.5 billion deal to help Doha enhance its natural gas production.

  • The cost of the energy crisis in Europe
    The cost of the energy crisis in Europe
  • Germany
  • UAE
  • LNG
  • German Chancellor Olaf Scholz
  • ADNOC
  • RWE

Trending Now

All
UAE's ADNOC Gas signs $1 bn LNG deal with TotalEnergies

UAE's ADNOC Gas signs $1bln LNG deal with France's TotalEnergies

Most Read

London posts job ad for mercenaries for Ukraine counteroffensive

London posts job ad for mercenaries for Ukraine's counteroffensive

  • Africa
  • 24 May
The Middle East Stabilises, Against the Backdrop of a Great Unravelling

The Middle East Stabilises, Against the Backdrop of a Great Unravelling

  • Analysis
  • 28 May
In this image released by the Italian firefighters, a helicopter searches for missing passengers after a tourist boat capsized in a storm on Italy's Lago Maggiore in the northern Lombardy region, May 28, 2023 (AP)

Top Israeli intelligence official dead in Italy: Israeli media

  • Europe
  • 29 May
The domestically produced C919 passenger jet flies at the China International Aviation and Aerospace Exhibition in Zhuhai, Guangdong province, Peoeple's Republic of China, 8 November 2022. (Reuters)

China is set to launch first commercial flight on its C919 plane

  • Asia
  • 26 May

Read this

All
Chief of the Australian Defence Force Gen. Angus Campbell bites his lips while delivering the findings from the Inspector-General of the Australian Defence Force Afghanistan Inquiry, in Canberra, Thursday, Nov. 19, 2020. (AP)
Asia Pacific

Australian Defense bans drinking while deployed due to war crimes

  • 30 May
Elon Musk
Asia

Musk in China, Tesla to continue expanding business with Asian giant

  • 30 May
The US Treasury Building is viewed in Washington, US on May 4, 2021. (AP)
US & Canada

US issues new sanctions on Syria, targets two money service businesses

  • 30 May
Casualties in Ukraine strike on evacuee housing centers in Belgorod
Europe

Casualties in Ukraine strike on evacuee housing center in Belgorod

  • 30 May
Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS