ABU DHABI – The United Arab Emirates agreed on Sunday to supply liquefied natural gas and diesel to Germany as Berlin seeks alternative power sources to replace Russian supplies.
Chancellor Olaf Scholz watched Sultan Ahmed Al Jaber, the Emirati industry minister, sign the pact, which he described as a “landmark new agreement” that “reinforces the rapidly increasing energy collaboration between the UAE and Germany,” according to the UAE’s state news agency WAM.
Scholz recently met with Sheikh Mohamed bin Zayed Al-Nahyan, the president of the UAE, while he was in the country.
According to WAM, Scholz stated that he “welcomed” the “energy security” pact.
In accordance with the agreement, a North Sea port called Brunsbuettel would receive “an LNG cargo for delivery in late 2022, to be used in the commissioning of Germany’s floating LNG import terminal,” according to the announcement.
ADNOC, the national oil corporation of the UAE, conducted the first direct diesel shipment to Germany earlier this month and said that it would “provide up to 250,000 tonnes of diesel per month in 2023.”
In an effort to replace Russian energy supplies and ease the energy crisis brought on by Moscow’s invasion of Ukraine, the German Chancellor is travelling the Gulf.
Scholz met with Saudi Crown Prince Mohammed bin Salman on Saturday in Jeddah, and on Sunday he was scheduled to go to gas-rich Qatar to speak with Emir Sheikh Tamim bin Hamad Al-Thani.