Explore Business Standard
Qatar will provide natural gas supplies to Syria with the aim of generating 400 megawatts of electricity a day, in a measure to help address the war-battered country's severe electricity shortages, Syrian state-run news agency SANA reported Friday. Syria's interim Minister of Electricity Omar Shaqrouq said the Qatari supplies are expected to increase the daily state-provided electricity supply from two to four hours per day. Under the deal, Qatar will send 2 million cubic meters of natural gas a day to the Deir Ali power station, south of Damascus, via a pipeline passing through Jordan. Qatar's state-run news agency said that the initiative was part of an agreement between the Qatar Fund for Development and the Ministry of Energy and Mineral Resources of Jordan in collaboration with the United Nations Development Program and aims to address the country's severe shortage in electricity production and enhance its infrastructure. Syria's economy and infrastructure, including electrici
Qatar is to supply liquefied natural gas to Germany under a 15-year deal signed on Tuesday as the European economic powerhouse scrambles to replace Russian gas supplies that have been cut during the ongoing war in Ukraine. Officials gave no dollar value for the deal, which would begin in 2026. Under the agreement, Qatar would send up to 2 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. As European countries have supported Ukraine after Russia's invasion in February, Moscow has slashed supplies of natural gas used to heat homes, generate electricity and power industry. That has created an energy crisis that is fuelling inflation and increasing pressure on companies as prices have risen. Germany, which got more than half its gas from Russia before the war, .