Saad Sherida Al-Kaabi (L) and Robert Habeck (R) during the signing ceremony of the joint declaration (source: QatarEnergy)
May 24, 2022by Riviera News
Qatar’s Minister of State for Energy Affairs, Saad Sherida Al-Kaabi, and Germany’s Minister for Economic Affairs and Climate Action, Robert Habeck, signed a joint declaration of intent to promote an energy partnership between the two countries.
The agreement builds on ongoing discussions between the two countries to secure Germany’s LNG supply through imports from Qatar, while facilitating bilateral cooperation in the field of hydrogen and sources. renewable.
QatarEnergy said the partnership between Qatar and Germany would support “high-level intergovernmental dialogue on energy-related topics.”
The two parties are developing a roadmap for the energy partnership outlining the structure and actions of the cooperation, including the formation of two working groups on LNG and hydrogen.
The LNG and Hydrogen Group will support the development of LNG and hydrogen commercial relations between the two nations, providing a forum for discussion on issues concerning necessary infrastructure and regulatory affairs and promoting private parties. involved in both the LNG and hydrogen value chain.
The Renewable Energy, Energy Efficiency and Demand Side Management Working Group will focus on expanding renewable energy capacity, including related topics such as infrastructure and electricity markets.
Earlier this year, Minister Habeck was in Qatar and the United Arab Emirates to secure Germany’s gas supply as it seeks to move away from reliance on natural gas from Russian pipelines.
Reuters reports suggest the talks between the countries still need to overcome several issues. Currently, there are no onshore LNG regasification terminals in Germany. And Germany is said to be reluctant to sign long-term agreements to buy large volumes with an oil-indexed price structure, while Qatar wants to add a “destination clause” that would prevent Germany from redirecting supplies to other parts of Europe – a condition that the EU opposes.