The emirate’s sovereign wealth fund is helping to finance a major corporate takeover via an RWE convertible bond. At present, Germany is confident it can avoid power outages this winter but is less confident that it will have the reserves to avoid power cuts or rationing in 2023-24. Qatar’s gas will not arrive early enough to help Germany avoid energy shortages this winter and, potentially, the winter after. Imminent construction of permanent terminals has been snarled up in planning delays, but is now going ahead, broadening Germany’s ability to diversify its energy sources away from Russian pipelines. Germany is building four temporary emergency floating LNG terminals to offload liquid gas. He said on Tuesday: “Fifteen years was great. Habeck visited Doha in March, but disputes over the length of the contract delayed an agreement, with Qatar preferring a 25-year contract and Germany seeking something much more short term. But the economics minister Robert Habeck, a Green party member, has also said that, faced with a need to wean itself off Russian gas supplies, Germany has to take its energy from a variety of sources. Germany has been one of the countries most critical at the World Cup of Qatar’s treatment of LGBTQ people, as well as the labour conditions of workers building the football stadiums.
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