German utility company signs Europe gas deal with UAE firm ...Kuwait

The New Arab - News
German utility company signs Europe gas deal with UAE firm
source : The New Arab ( Kuwait ) () 25
German utility RWE has signed a deal with Abu Dhabi National Oil Company (ADNOC) to deliver liquefied natural gas (LNG) to Europe's largest economy by the end of December, RWE announced on Sunday. Though the amount to be delivered is relatively small, it's a politically significant deal to shore up supplies of gas outside of Russia as Chancellor Olaf Scholz seeks to deepen ties with the Gulf and find alternative sources of energy. The announcements came on the second day of a two-day trip to the Gulf region by Scholz. "We need to make sure that the production of LNG in the world is advanced to the point where the high demand that exists can be met without having to re

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