Germany has entered into a new gas deal with the United Arab Emirates as it seeks to reduce its dependency on Russian fuel amid the Kremlin's war in Ukraine.
The Energy Security and Industry Accelerator Agreement was signed by dignitaries Sunday, the last day of German Chancellor Olaf Scholz's two-day trip to three Persian Gulf nations with a focus on securing the European country's energy security.
Germany's energy provider RWE said in a statement that the agreement will see the Abu Dhabi National Oil Company ship 137,000 cubic meters of liquefied natural gas to Brunsbuttel, near Hamburg, in late December while MOUs were also signed on multi-year LNG delivers starting next year.
The announcement of the agreement comes after ADNOC completed its first-ever delivery of diesel fuel to Germany earlier this month, and the gas supplier has agreed to deliver up to 250,000 tons of diesel per month starting next year, the UAE state-run news agency WAM reported.
