German chancellor Olaf Scholz on Tuesday welcomed a long-term gas supply deal with Qatar, after talks with the chairmen of the major international economic and financial organizations in the Chancellery.
“I am very happy about the agreement with Qatar that has been concluded there by the companies and the possibilities that arise from that are long-term contracts,” stated Scholz.
The remarks came after Qatar’s Minister of State for Energy Affairs, Saad bin Sherida Al Kaabi and CEO of ConocoPhillips, Ryan Lance signed an agreement to provide Germany with liquefied natural gas for at least 15 years in Doha on Tuesday.
According to the agreement, Germany will start receiving two million tonnes of LNG per year at the Port of Brunsbuttel in northern Germany starting in 2026.