Baron
Platinum Member
In search of energy resources, the German chancellor visited Saudi Arabia, the UAE, and Qatar.
The result of this tour of the Persian Gulf countries is essentially microscopic. All that Olaf was able to achieve was to agree on delivery of ONE tanker with 137,000 cubic meters of gas in 2023, which was promised by ADNOO, the national oil company of Abu Dhabi. That's all for now.
137 thousand cubic meters after LNG regasification is about 80 million cubic meters of gas. To be clear, each of the Nord Streams is capable of delivering more than 150 million cubic meters per day. That is, Scholz has agreed to supply next year 0.25 of the daily supply that the Russian streams are capable of providing. Just enough to fill gas lighters.
Incidentally, in January Europe's gas consumption peaks steadily above 1.8 billion cubic meters per day.
What Olaf was given was not a delivery, but a gift from polite Arabs to the departing guest, something like "good riddance.
The cargo to be delivered this year by ADNOC will be for 137,000 cubic metres of LNG and will be the first LNG to be supplied to the German gas market via the floating LNG import terminal at Brunsbüttel near Hamburg, RWE said.
The result of this tour of the Persian Gulf countries is essentially microscopic. All that Olaf was able to achieve was to agree on delivery of ONE tanker with 137,000 cubic meters of gas in 2023, which was promised by ADNOO, the national oil company of Abu Dhabi. That's all for now.
137 thousand cubic meters after LNG regasification is about 80 million cubic meters of gas. To be clear, each of the Nord Streams is capable of delivering more than 150 million cubic meters per day. That is, Scholz has agreed to supply next year 0.25 of the daily supply that the Russian streams are capable of providing. Just enough to fill gas lighters.
Incidentally, in January Europe's gas consumption peaks steadily above 1.8 billion cubic meters per day.
What Olaf was given was not a delivery, but a gift from polite Arabs to the departing guest, something like "good riddance.
The cargo to be delivered this year by ADNOC will be for 137,000 cubic metres of LNG and will be the first LNG to be supplied to the German gas market via the floating LNG import terminal at Brunsbüttel near Hamburg, RWE said.
Germany inks LNG deal as chancellor visits Gulf to secure energy
German utility RWE has signed a deal with Abu Dhabi National Oil Company (ADNOC) to deliver liquefied natural gas to Europe's largest economy by the end of December, RWE announced on Sunday.
www.reuters.com