Qatar and ConocoPhillips sign a 15-year deal to supply LNG to Germany

Qatar has agreed to supply liquefied natural gas to Germany under a 15-year deal signed on Tuesday. Under the agreement, Qatar will send up to two million tons of the gas to Germany through an under-construction terminal at Brunsbuettel.

The deal involves both Qatar Energy, the nation’s state-run firm, and ConocoPhillips, which has stakes in Qatar’s offshore natural gas field in the Persian Gulf that it shares with Iran. Officials gave no dollar value for the deal, which will begin in 2026.

The country is building five liquefied natural gas terminals, and the first are expected to go into service shortly. Much of Germany’s current gas supply comes from or via Norway, the Netherlands and Belgium.