U.S.’s ConocoPhilips is involved as one of the subsidiaries that purchases the LNG from Qatar that will then be delivered to Brunsbuettel.
for the past couple of months or so last week have resulted in two sales and purchase agreements signed between QatarEnergy and the U.S.’s ConocoPhillips to export liquefied natural gas to Germany for at least 15 years from 2026. Although German Economy Minister, Robert Habeck, stated that he was “happy” with the term of 15 years, even he implied that this deal falls short of what Germany and Europe will need in terms of future energy needs, given continued constraints on Russian supplies.
In both contexts, it is exceptionally apposite to note that these new LNG deals for Germany will be sourced from Qatar’s North Field East project. The NFE is the first and larger of the two-phase North Field expansion plan, which includes six LNG trains that will ramp up Qatar’s liquefaction capacity to 126 million tonnes per year by 2027 from 77 million.
In the lead up to this deal in which the U.S.’s ConocoPhillips is so critically involved, Qatar appeared to be edging further into China’s sphere of influence, and
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