Germany and Oman are in advanced talks to sign a long-term deal for liquefied natural gas (LNG) lasting at least 10 years as Berlin continues its search for alternatives to Russian fuel supplies, three sources familiar with the matter said.
A third source familiar with the talks also said a 10-year deal was being discussed.
Two sources said Uniper was involved in the talks. The company was already in discussions with Oman over an ammonia deal, one of the sources said, after the group signed an agreement with Oman's hydrogen project HYPORT Duqm in 2021 under which it is negotiating an offtake deal for green ammonia. Uniper and the Economy Ministry, which is in charge of the government's ownership of Sefe, declined to comment. Sefe and Germany's Finance Ministry, which manages Berlin's holding in Uniper, did not immediately respond to requests for comment.Europe's biggest economy hopes to replace all Russian energy imports by mid-2024, a major effort for a country that relies to a great extent on natural gas to power its industry.
Germany has been holding talks for months with the world's biggest LNG producer Qatar for additional supplies, but negotiations have been lengthy. Doha prefers 20-years contracts, which jar with Berlin's climate goals.
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