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    German-Qatari LNG talks hit difficulty over terms: press

Summary

Germany is reluctant to enter into contracts too long, because of its decarbonisation commitments.

by: NGW

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Complimentary, Natural Gas & LNG News, Europe, Middle East, Liquefied Natural Gas (LNG), Corporate, Contracts and tenders, News By Country, Germany, Qatar

German-Qatari LNG talks hit difficulty over terms: press

LNG supply negotiations between Germany and Qatar have hit difficulties over key conditions in contracts, Reuters reported on May 9 citing people with knowledge of the matter.

In particular, Reuters said Germany was reluctant to enter into contracts of at least 20 years for LNG supply, because of its decarbonisation commitments, which include fulfilling all its electricity needs with renewable sources by 2035. Qatar is also specifying terms such as destination clauses that would prevent Germany from reselling the gas elsewhere.

Germany, which has committed to ending Russian gas imports by 2024, has plans for as many as four LNG terminals with a combined regasification capacity of 22.2bn m3/year.