Gas Crisis in Europe
An attempt by German Economy Minister Robert Habek to negotiate with Qatar on additional gas supplies turned out to be a failure: now Qatari fuel goes to Italy. It is reported by Deutsche Wirtschafts Nachrichten.
The authors of the article recalled that several months have passed since Habek’s visit to the Middle East in search of an alternative to Russian gas, but the supply of the resource to Germany has not increased, despite the alleged agreements between Germany and Qatar. The current situation is especially dangerous for Germany due to the fact that Russia began to pass only a fifth of the previous volume of gas through the Nord Stream 1 gas pipeline.
Amid failed talks by Habek, Italian energy company Eni announced the start of cooperation with a Qatari natural gas enterprise. “Following new gas contracts with our partners in Algeria, Congo and Egypt earlier this year, in June Eni joined the North Field East facility in Qatar, which is part of the world’s largest LNG project,” Eni CEO said. Claudio Descalzi authors.
Earlier, Reuters reported that Germany and Qatar could not arrange the supply of liquefied natural gas (LNG) at the level of negotiations due to significant differences in terms of the duration of the contract. Western countries are facing fuel shortages after imposing sweeping sanctions against Russia amid a special operation to demilitarize Ukraine.