Free Trial

Econ Minister-Need LNG Infra First, Then Deal w/Supply

GERMANY

Wires carrying comments from German Economy Minister and Vice-Chancellor Robert Habeck regarding LNG supplies into Germany.

  • Habeck: "We need to set up LNG infrastructure first, then deal with supply".
  • Habeck: 'Memorandum of understanding safeguards that two floating storage regasification unites will be fully supplied by March 2024.'
  • Ministers comments come in the wake of Uniper, VNG and RWE signing an MoU on LNG supply of floating terminals in Brunsbuettel and Wilhelmshaven.
  • Habeck: 'Talks with Qatar [on securing LNG supplies] continue.'
  • Habeck: 'If Qatar doesn't make the best LNG offer, companies are well advised not to take it.'

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.