Germany Seeks Middle East LNG Deals

Germany’s chancellor, Friedrich Merz, will lead a delegation to Saudi Arabia and Qatar, seeking to secure supply deals for liquefied natural gas to diversify away from the United States, Bloomberg has reported, adding that Merz will also look for closer cooperation with the Gulf states on defense. The news follows a statement by EU Energy Commissioner Dan Jorgensen, who signaled last month the bloc was growing uneasy about its overwhelming dependence on U.S. liquefied gas that could put it in an unfavourable position geopolitically. The dependence…