Germany's Scholz meets Saudi Crown Prince, discusses hydrogen imports

As Europe's largest economy struggles with fallout from the Russia-Ukraine war, Chancellor Olaf Scholz looked Saturday to secure more energy supplies, meeting with Saudi Crown Prince Mohamed bin Salman to discuss future cooperation, including hydrogen imports.

Scholz said that the talks between the two leaders in Jeddah dealt with the relationship between their countries. Germany is trying to import large amounts of hydrogen amid a push to reduce carbon-dioxide emissions, he said.

He said that we had discussed the question of how we will shape our future, to develop our two economies towards a CO 2 neutral future.

Scholz is scheduled to head to the United Arab Emirates and Qatar on September 25. He is accompanied by a delegation of the chief executive officers of Siemens Energy, SAP, Airbus and ThyssenKrupp AG.

TotalEnergies invests about 1.5 billion in Qatar Gas Field 2 In Qatar, Scholz and the Gulf state s emir are expected to discuss long-term plans for gas and hydrogen shipments. Qatar is expecting to lose its LNG capacity by nearly 65% by the end of 2025 or early 2026, with the first cargoes from its North Field East project expected to leave by the end of 2025 or early 2026.

Qatar's energy minister said that talks with German utilities RWE AG and Uniper SE for long-term LNG contracts are ongoing.

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