- Biden, Harris mark Oct. 7 with call for Mideast peace
- Dupont set for Toulouse return after post-Olympic holiday
- French rugby bosses tighten discipline after nightmare Argentina tour
- Oil prices extend gains on Mideast tensions, Wall Street slips
- Visitors to get rare view of Rome's Trevi Fountain
- Europe's asteroid mission Hera launches despite hurricane
- Man City and Premier League both claim victory in legal case
- Deschamps delight as 'light back on' for Pogba after doping ban
- Biden, Harris urge Mideast peace on Oct. 7 anniversary
- Neeskens, tough midfielder in Cruyff's Ajax and Dutch teams
- UN warns world's water cycle becoming ever more erratic
- Oil prices extend gains on Mideast tensions, Wall Street retreats
- Ex-Dutch football star Johan Neeskens dies
- Man Utd battling to improve fortunes, says Evans
- What is microRNA? Nobel-winning discovery explained
- Masood, Abdullah centuries lift Pakistan to 328-4 in first England Test
- Hurricane Milton strengthens fast, threatens Mexico, Florida
- Tunisia's President Saied set for landslide election win
- Barca hoping to return to Camp Nou 'by end of year'
- Trump to open second golf course at Scotland resort in summer 2025
- Super-sub Jhon Duran rewarded with new Aston Villa deal
- US duo win Nobel for gene regulation breakthrough
- Masood hits first ton for four years to power Pakistan to 233-1
- Fritz wins delayed match to reach Shanghai Masters third round
- Naomi Osaka pulls out of Japan Open with back injury
- Weather may delay launch of mission to study deflected asteroid
- China to flesh out economic stimulus plans after bumper rally
- Artist Marina Abramovic hopes first China show offers tech respite
- Asian markets track Wall St rally on US jobs data
- Pakistan 122-1 at lunch in first England Test
- Kazakhs approve plan for first nuclear power plant
- World marks anniversary of Oct. 7 attack on Israel
- 'Second family': tennis stars hunt winning formula with new coaches
- Philippines, South Korea agree to deepen maritime cooperation
- Mexico mayor murdered days after taking office
- Sardinia's sheep farmers battle bluetongue as climate warms
- Japan govt admits doctoring 'untidy' cabinet photo
- Israel marks first anniversary of Hamas's October 7 attack
- Darvish tames Ohtani as Padres thrash Dodgers
- Asian markets track Wall St rally on jobs data
- Family affair as LeBron, Bronny James make Lakers bow
- Cancer, cardiovascular drugs tipped for Nobel as prize week opens
- As Great Salt Lake dries, Utah Republicans pardon Trump climate skepticism
- Amazon activist warns of 'critical situation' ahead of UN forum
- Mourners pay tribute to latest victims of deadly Channel crossing
- Tunisia incumbent Saied set to win presidential vote: exit polls
- Phillies win thriller to level Mets series
- Yu bags first PGA Tour win with playoff win
- PSG held by Nice to leave Monaco clear at top of Ligue 1
- AC Milan fall at Fiorentina after De Gea's penalty heroics
RBGPF | -1.97% | 58.94 | $ | |
CMSD | -0.12% | 24.784 | $ | |
NGG | -1.23% | 65.69 | $ | |
SCS | -0.49% | 12.907 | $ | |
RYCEF | -1.45% | 6.88 | $ | |
RIO | -0.17% | 69.58 | $ | |
GSK | 0.08% | 38.85 | $ | |
CMSC | -0.17% | 24.657 | $ | |
VOD | 0.41% | 9.7 | $ | |
RELX | -0.59% | 46.02 | $ | |
BCC | 0.76% | 139.97 | $ | |
JRI | -0.23% | 13.25 | $ | |
BCE | -0.58% | 33.515 | $ | |
BP | 0.86% | 33.165 | $ | |
AZN | -0.41% | 77.15 | $ | |
BTI | -0.18% | 35.225 | $ |
Germany to 'fast-track' gas terminals as part of Qatar deal
Germany has committed to "fast track" the construction of two liquefied natural gas terminals as part of a new long-term deal with Qatar as it looks to reduce dependence on Russian gas, the Gulf state said Sunday.
Economic Affairs Minister Robert Habeck secured the accord during talks in Doha with its emir and energy minister who have been pressing European nations to strike long-term deals to guarantee their supplies.
European states have been forced to turn to Qatar in recent months as they seek an LNG alternative to Russian gas in the wake of Moscow's invasion of Ukraine.
Qatar has insisted on long contracts because of the huge cost of investing in gas production. Already one of the world's top three LNG exporters, Qatar plans to increase production by 50 percent by 2027.
Qatar's energy ministry said that several years of talks with Germany had never led to "definitive agreements due to the lack of clarity on the long-term role of gas in Germany’s energy mix and the requisite LNG import infrastructure."
It added that in a meeting between Habeck and Energy Minister Saad Sherida Al-Kaabi, "the German side confirmed that the German government has taken swift and concrete actions to fast-track the development of two LNG receiving terminals in Germany as a matter of priority to allow for the long-term import of LNG to Germany and that such scheme has the full support of the German government."
The two sides "agreed that their respective commercial entities would re-engage and progress discussions on long-term LNG supplies from Qatar to Germany."
In Berlin, a German spokeswoman confirmed a long-term partnership had been struck and that companies would "enter into the concrete contract negotiations", the spokeswoman said.
Habeck also held talks in Doha with the emir Sheikh Tamim bin Hamad Al-Thani before heading to the United Arab Emirates where he is expected to hold talks on oil supplies.
Ahead of his trip, Habeck told Deutschlandfunk radio that Germany had major concerns over securing supplies for next winter.
"If we do not obtain more gas next winter and if deliveries from Russia were to be cut then we would not have enough gas to heat all our houses and keep all our industry going," he warned.
Berlin has come in for criticism over its opposition to an immediate embargo being imposed on Russian energy supplies as a means of choking off Moscow's foreign earnings.
Germany believes a boycott could cause major economic damage as well as huge rises in energy prices.
L.Harper--AMWN