Germany News: FM Says Algeria Can Provide Gas Supplies
Johann Wadephul said Germany needs long-term gas contracts as storage levels remain about 50% full, with a 70% target due by November.
- German Foreign Minister Johann Wadephul arrived in Algiers on Tuesday leading a business delegation to negotiate long-term gas contracts. "Diversification is absolutely the order of the day," the top diplomat told reporters.
- Russia's 2022 invasion of Ukraine halted Germany's cheap gas deliveries, forcing the nation to replace Russian energy with Norwegian piped gas and American LNG. The shift left Berlin vulnerable to price volatility.
- Storage is currently about 50% full, down from 67% last year, well below the government-mandated 80% requirement by November 1. Despite low levels, authorities say no shortage is imminent.
- On Tuesday, Wadephul met Algerian Energy Minister Mohamed Arkab, focusing on "trying to negotiate long-term contracts for Germany." The minister said securing such deals would provide "another reliable source here."
- Beyond immediate energy needs, Algeria offers long-term partnership potential as a "reliable partner" already supplying Italy and Spain. Wadephul added that Algeria's future capacity as a green hydrogen supplier strengthens the strategic importance.
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28 Articles
Reformatorisch Dagblad
welingelichtekringen.nlGermany wants to conclude deals with Algeria for the supply of natural gas. German Foreign Minister Johann Wadephul is currently visiting Algeria with a delegation from the German business community to discuss the possibilities. Among others, he met with the Algerian Minister of Energy.
Deutsche Welle
INTELLINEWSGermany news: FM says Algeria can provide gas supplies
The top diplomat called for Germany to further diversify its energy sources given the crisis in the Strait of Hormuz and its impact on fuel prices. He said Algeria could become an important supplier of gas in the future.
Zeit Online
Here you can find information on the topic "Gas Storage". Read now "Wadephul relies on Algeria as a partner for gas deliveries".
The filling levels of the German gas storage tanks are low. During his trip to North Africa, Foreign Minister Wadephul strives to find new and reliable gas suppliers for Germany.
Federal Foreign Minister Wadephul today concludes his two-day trip to North Africa with a visit to Algeria.
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