{"id":74082,"date":"2022-09-26T02:04:26","date_gmt":"2022-09-26T02:04:26","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2022\/09\/26\/germanys-scholz-leaves-the-region-with-no-immediate-solution-to-his-energy-woes\/"},"modified":"2022-09-26T02:04:26","modified_gmt":"2022-09-26T02:04:26","slug":"germanys-scholz-leaves-the-region-with-no-immediate-solution-to-his-energy-woes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2022\/09\/26\/germanys-scholz-leaves-the-region-with-no-immediate-solution-to-his-energy-woes\/","title":{"rendered":"Germany\u2019s Scholz leaves the region with no immediate solution to his energy woes"},"content":{"rendered":"

<\/a> Scholz\u2019s quest for Gulf gas didn\u2019t quite pan out:<\/strong> German Chancellor Olaf Scholz\u2019s whistle-stop tour around the Gulf over the weekend was supposed to secure the country new, long-term supplies of gas as it tries to enter its post-Gazprom future with minimum blackouts and as shallow a recession as possible. After spending two days talking to officials in Abu Dhabi, Doha and Jeddah, the chancellor walked away with a single, 137k cubic-meter shipment of LNG courtesy of the UAE and a non-binding agreement with Adnoc to deliver more next year, Emirati state media<\/a> and German utility company RWE<\/a> said yesterday. Scholz\u2019s visits to Qatar and Saudi Arabia did not appear to have yielded immediate agreements.<\/p>\n

Debuting Germany\u2019s new LNG terminals:<\/strong> The shipment will be the first sent to Germany\u2019s floating LNG terminal at Brunsb\u00fcttel, which RWE called an \u201cimportant milestone\u201d in the country\u2019s development of LNG infrastructure.<\/p>\n

Another five coming?<\/strong> A source told the Financial Times<\/a> that Adnoc could send another five cargoes next year.<\/p>\n

Germany needs the gas: <\/strong>Europe\u2019s largest economy is facing a long, cold winter without Russian gas after Gazprom cut flows through the Nord Stream pipeline<\/a> earlier this year. The energy crisis is sending shockwaves through the country\u2019s industrial sector<\/a>, while the government has been forced to nationalize the country\u2019s biggest utilities company<\/a> which faced collapse due to the skyrocketing gas and electricity prices<\/a>.<\/p>\n

A lot of gas:<\/strong> The country is now looking to find substitutes for the 142 bn cbm of gas<\/a> it imported from Russia last year, an amount that a few shipments of LNG from the UAE doesn\u2019t begin to replace.<\/p>\n

France is doing a better job of tapping the region\u2019s resources:<\/strong> French oil major TotalEnergies said<\/a> Thursday it will invest USD 1.5 bn in the expansion of Qatar\u2019s North Field, a move that could hand it valuable supplies of natural gas. This comes a few months after the company took a 25% stake<\/a> in Qatar\u2019s new USD 30 bn gas project, which is slated to be the biggest in the world.<\/p>\n

The visit wasn\u2019t all fossil-fuel-related:<\/strong> Emirati state-owned renewable energy company Masdar<\/a> signed an MoU with German utility company RWE<\/a> to explore wind projects off the German coast, according to a statement carried by WAM<\/a>. Areas in the North and Baltic Seas could generate up to 10 GW of power by 2030, though it remains unclear how exactly the two companies will work together and whether Masdar has made any specific commitments to developing the area.<\/p>\n","protected":false},"excerpt":{"rendered":"

Scholz\u2019s quest for Gulf gas didn\u2019t quite pan out: German Chancellor Olaf Scholz\u2019s whistle-stop tour around the Gulf over the weekend was supposed to secure the country new, long-term supplies of gas as it tries to enter its post-Gazprom future with minimum blackouts and as shallow a recession as possible. After spending two days talking […]<\/p>\n","protected":false},"author":1,"featured_media":74083,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[379],"tags":[635,11,172,160,817,163,88,347,159,52,46],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-74082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diplomacy","tag-diplomacy","tag-enterpriseclimate","tag-germany","tag-masdar","tag-oil-and-gas","tag-qatar","tag-renewables","tag-rwe","tag-saudi-arabia","tag-uae","tag-wind-energy","wpautop","entry"],"acf":{"mongo_id":"f225909c-07a1-42dc-a2a1-15f8c4b136bb","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/9\/5376.jpg","photo_position":"above","related_issue":[74076],"teaser":"","voice_url":""},"yoast_head":"\nGermany\u2019s Scholz leaves the region with no immediate solution to his energy woes - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2022\/09\/26\/germanys-scholz-leaves-the-region-with-no-immediate-solution-to-his-energy-woes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Germany\u2019s Scholz leaves the region with no immediate solution to his energy woes\" \/>\n<meta property=\"og:description\" content=\"Scholz\u2019s quest for Gulf gas didn\u2019t quite pan out: German Chancellor Olaf Scholz\u2019s whistle-stop tour around the Gulf over the weekend was supposed to secure the country new, long-term supplies of gas as it tries to enter its post-Gazprom future with minimum blackouts and as shallow a recession as possible. 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