“We want to deepen and diversify our gas supplies. There is a great opportunity for German companies for working together in a wide range of areas, including energy, infrastructure and many other sectors” declared Mathias Machnig, German Deputy Minister of Economic Affairs and Energy during his visiting of the Qatar-German business forum, related to the recent new LNG agreement signed between Qatar and RWE, a German electricity company which is expected to start importing Qatari gas from 2018. 35 more words
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RWE’s contract in Gulf of Suez concession ends in July 2017; with no request for renewal.
The Ministry of Petroleum owes its German partner RWE $400m in dues in exchange for its stake in oil and gas from concession areas. 319 more words