Qatar/Germany: 10 billion Euro Investment In Germany's Energy Sector

[Pavel + 384]

The Gulf state of Qatar on Friday said it would invest 10 billion euros ($11.6 billion) in Germany over the next five years, including the possible creation of a liquefied natural gas terminal. Qatar’s Emir Tamim bin Hamad al-Thani announced the funding boost for its long-term trading partner and Europe’s largest economy at a bilateral investment conference in Berlin. Germany is Europe’s biggest energy consumer. The latest investment pledge comes on top of 25 billion euros Qatar has already invested in key German companies such as Volkswagen AG, Deutsche Bank and others. German Chancellor Angela Merkel said the energy sector offered promising opportunities to expand business ties, adding that Qatar’s LNG supplies would help diversify supply sources. Qatar’s energy minister Mohammed al-Sada threw his support behind the possible cooperation of Qatar Petroleum, the world’s top supplier of liquefied natural gas (LNG), in the project.

[rainman + 263]

It's a foreseeable investment for the national profit.

[damirUSBiH + 327]

For Investing:

- Rule No. 1: Never lose money
- Rule No. 2: Never forget rule No.1

[50 shades of black + 254]

Yep. Isolated by it's neighbors, Qatar see the chance to partnership in EU. Upcoming investments come after Arab states including Saudi Arabia, the United Arab Emirates, Bahrain, and Egypt severed ties with Doha in 2017, imposing a land, sea, and air blockade over claims that it supports terrorism and Iran.

Edited September 7, 2018 by 50 shades of black

[Petar + 76]

Yeah, Germany can only run their machines on foreign oil....Qatar and their support of terrorism could be a big problem for Germany...

[franco + 96]

That’s a lot of euros. A major financial move by the Qatar which will have a major impact not just on Germany's domestic politics, but on EU internal relationship...

[ThunderBlade + 231]

13 minutes ago, 50 shades of black said:

Yep. Isolated by it's neighbors, Qatar see the chance to partnership in EU. Upcoming investments come after Arab states including Saudi Arabia, the United Arab Emirates, Bahrain, and Egypt severed ties with Doha in 2017, imposing a land, sea, and air blockade over claims that it supports terrorism and Iran.

Money's opening every door: "I must point out that my people and I still remember with great appreciation and respect the moral position of the Germany by rejecting the illegal measures imposed on the Qatar by some of its neighbors last year" -  said Qatar’s Emir Tamim bin Hamad al-Thani 

[pinto + 293]

The world’s biggest exporter of liquefied natural gas, Qatar Petroleum, wants to invest in a German LNG terminal. I'm sure that would reduce Berlin’s dependence on Russian gas piped through the Baltic and eastern Europe.

[John Foote + 1,135]

LNG typically struggle price point wise against piped natural gas. Germany needs the LNG option for security and price hedging. But pure play economics favor the piped stuff.