Germany Seals Milestone LNG Deal With The UAE

OilPrice.com | Sep 26, 2022 at 4:00 AM
  • The United Arab Emirates agreed to an LNG supply deal with Germany’s RWE during Chancellor Olaf Scholz’s visit to the Gulf.
  • The deal only covers one tanker of LNG, or 137,000 cubic meters, to be delivered later this year for trials at a floating LNG import terminal that is currently being constructed in Germany.
  • This would take a lot of effort on a global scale and that effort would take a lot of time.