Qatar Gas

Qatar is to supply liquefied natural gas to Germany under a 15-year deal signed on Tuesday as the European economic powerhouse scrambles to replace Russian gas supplies that have been cut during the ongoing war in Ukraine. Officials gave no dollar value for the deal, which would begin in 2026. Under the agreement, Qatar would send up to 2 million tons of the gas to Germany through an under-construction terminal at Brunsbuettel. The deal involves both Qatar Energy, the nation's state-run firm, and ConocoPhillips, which has stakes in Qatar's offshore natural gas field in the Persian Gulf that it shares with Iran. As European countries have supported Ukraine after Russia's invasion in February, Moscow has slashed supplies of natural gas used to heat homes, generate electricity and power industry. That has created an energy crisis that is fuelling inflation and increasing pressure on companies as prices have risen. Germany, which got more than half its gas from Russia before the war, .

Qatar Energy will send Sinopec 4 million tons of LNG a year starting in 2026, the state-controlled companies announced in a virtual ceremony on Monday

14,000-Mw of stranded capacity might get fuel from beleaguered Arab nation