German utility RWE has signed a deal with Abu Dhabi National Oil Company (ADNOC) to deliver liquefied natural gas to Europe’s largest economy by the end of December. This is an attempt by Germany to lessen their dependence on Russian gas and deepen their ties with the Gulf states. The cargo to be delivered this year by ADNOC will be for 137,000 cubic metres of LNG and will be the first LNG to be supplied to the German gas market via the floating LNG import terminal at Brunsbüttel near Hamburg. This venture marks the shift of European dependence on Russian gas to new partnerships with Gulf states.
- Germany inks LNG deal as chancellor visits Gulf to secure energy