Latest News

Scholz welcomes Qatar LNG deal as ‘building block’ for German energy security

Scholz welcomes Qatar LNG deal as ‘building block’ for German energy security By Reuters

Breaking News

‘;

Economy 12 minutes ago (Nov 29, 2022 19:35)

© Reuters. FILE PHOTO: German Chancellor Olaf Scholz attends a news conference following a meeting at the Federal Chancellery in Berlin, Germany November 29, 2022. REUTERS/Michele Tantussi

BERLIN (Reuters) – German Chancellor Olaf Scholz welcomed a new deal for liquefied natural gas (LNG) from Qatar on Tuesday as a “building block” towards his country’s energy security and a sign that Berlin had many different countries to tap for supplies.

QatarEnergy and ConocoPhillips (NYSE:COP) signed two sales and purchase agreements to export 2 million tonnes of LNG annually to Germany for at least 15 years from 2026, as Berlin pursues new energy partnerships after a plunge in gas from Russia.

“I am very confident that this is another important building block in a house that we have already built to a large extent,” Scholz told a briefing, adding that global problems should not lead to countries raising trade barriers.

Speaking alongside the head of the International Monetary Fund and other organisations, Scholz also said Germany had not taken off the table an offer to supply Patriot air defence units to Poland, which Warsaw may send to Ukraine instead.

Scholz said he had spoken with Ukrainian President Volodymyr Zelenskiy, including about the prospect of sending Gepard tanks to Ukraine.

Scholz welcomes Qatar LNG deal as ‘building block’ for German energy security

Young Workers Are First to Feel the Impact of US Jobs SlowdownBy Bloomberg – Nov 29, 2022

(Bloomberg) — US labor markets are starting to erode for groups such as young adults who are typically most vulnerable to an economic downturn, according to new research by the…

Bank of Russia open to relaxing curbs on non-residents transactions if sanctions easedBy Reuters – Nov 29, 2022

MOSCOW (Reuters) – Russia is open to relaxing restrictions on transactions by so-called unfriendly non-residents in exchange for the un-freezing of Russian assets abroad, its…

Stocks, dollar dip while oil gains on China hopesBy Reuters – Nov 29, 2022

By Sinéad Carew and Tom Wilson NEW YORK/LONDON (Reuters) – Wall Street lost ground on Tuesday as investors awaited guidance on the Federal Reserve’s rate hiking path, while the…

Our Apps



Terms And Conditions
Privacy Policy
Risk Warning

© 2007-2022 Fusion Media Limited. All Rights Reserved.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:Latest News

Latest News

FOMO Rules

January 30, 2023 (Investorideas.com Newswire) S&P 500 barely stopped, and the broad based rally continued… ...