Germany in talks with Oman over LNG supplies

Manuela Schwesig and Olaf Scholz at the Deutsche Ostsee LNG terminal

LNG plays a key role in Germany’s efforts to replace Russia’s missing gas supplies

(Photo: IMAGO/Future Image)

London / Frankfort According to insiders, Germany is in advanced talks with Oman about the supply of liquefied natural gas (LNG). It is about an annual amount of 0.5 to 1.0 million tons, said two people familiar with the matter from the Reuters news agency on Thursday.

One topic is a contract for the delivery of 0.8 million tons per year with a term of ten years. According to insiders, the nationalized energy company Uniper is conducting the talks on the German side. The company declined to comment.

In addition to Uniper, the also nationalized utility Sefe, formerly Gazprom Germania, is also a potential buyer of LNG. The group did not respond to inquiries on Thursday. The Federal Ministry of Economics, which is responsible for Sefe, declined to comment. Initially, no comment was received from the Federal Ministry of Finance responsible for Uniper. No comment was initially available from the Oman Ministry of Energy.

LNG plays a key role in Germany’s efforts to replace Russia’s missing gas supplies. Within a few months, terminals were set up on the German coast for imports.

An insider said Uniper is also already in talks with Oman about ammonia supplies. Among other things, the federal government has held talks with the world’s largest LNG producer, Qatar. One topic during the talks is the running time. The suppliers strive for the longest possible terms of around 20 years. The federal government prefers shorter terms that do not stand in the way of climate protection goals.

More: Next winter will be a stress test for the gas supply

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