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Aug 14, 2022
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Germany lost to Italy in the fight for gas from Qatar

Germany was unable to agree with Qatar on gas supplies, Italy receives gas from Qatar, media reported.

In March, German Economics Minister Robert Habeck visited the Middle East in an attempt to find a replacement for Russian gas. He even stated after a meeting with the Qatari authorities that Qatar was ready to supply more gas to Germany. However, company representatives accompanying Habek have not yet been able to strike a deal with Qatar, and Habek himself complained last week about Qatar’s unwillingness to “make a good offer,” according to Deutsche Wirtschafts Nachrichten.

Meanwhile, Italy’s Eni, according to its CEO Claudio Descalzi, signed “new gas contracts” in Algeria, Congo and Egypt in early 2022, and in the summer joined the North Field East enterprise in Qatar, which is part of the world’s largest LNG project. .

Unlike Germany, Italy has been cooperating with Qatar for a longer time and is considered the largest importer of liquefied natural gas from this country. As a result, amid the crisis, the government in Berlin is now focused on limiting energy consumption, the DWN article concludes.

Recall that in May negotiations were held between Germany and Qatar. Qatar wanted long-term contracts, while in Germany they are oriented towards renewable energy sources in the future. In addition, it turned out that Germany does not have enough LNG terminals to receive Qatari gas.

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