United Arab Emirates agrees to supply Germany with gas, diesel

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ABU DHABI: The United Arab Emirates agreed on Sunday (Sep 25) an 'energy security' deal with Germany to supply liquefied natural gas and diesel as Berlin searches for new power sources to replace Russian supplies. Emirati industry minister Sultan Ahmed Al Jaber called it a 'landmark new agreement' tha

ABU DHABI: The United Arab Emirates agreed on Sunday an"energy security" deal with Germany to supply liquefied natural gas and diesel as Berlin searches for new power sources to replace Russian supplies.

He met with Emirati President Sheikh Mohamed bin Zayed Al-Nahyan, who said on Twitter afterwards they had discussed"further opportunities for cooperation in areas including energy security, emissions reduction and climate action".As part of the deal, the UAE will provide"an LNG cargo for delivery in late 2022, to be used in the commissioning of Germany?s floating LNG import terminal at Brunsbuettel", a North Sea port, the WAM report added.

Sunday was the second and final day of Scholz's Gulf tour, which he hoped would seal new energy deals to replace Russian supplies and mitigate the energy crisis resulting from Moscow's invasion of Ukraine. "The UAE believes all three pillars must go hand and hand. We cannot look at one or two of these pillars separately," she said.Both the UAE and Saudi Arabia have been leading critics of what they describe as"unrealistic" transition models they say have contributed to the current energy crunch.

 

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