Germany explains why they cannot find a replacement for Russian gas

BERLIN, 29 Aug – PRIME. The reason Berlin has so far failed to reach an agreement with its foreign partners to replace Russian gas is that the FRG wanted short-term contracts that other countries were not interested in, said German Finance Minister Christian Lindner.

The Hungarian authorities are counting on an agreement with Gazprom to increase supplies

According to the minister, in matters of signing contracts for the supply of liquefied gas and hydrogen from Germany with other countries, the key is that foreign partners are interested in long-term agreements.

“Why didn’t it work out with Qatar and others? They are not interested in supply agreements for just a few years, they are interested in agreements for a long period,” Lindner said on Welt TV.

“But when Germany tells them, I am exaggerating, that we are ready to buy now, in times of crisis, and not in a week, then one should not be surprised that no one concludes gas contracts (with Germany). And we need them now. In this regard, my recommendation would be not to be too picky, but instead to do everything to protect our country from the energy crisis,” Lindner added.

Read This Now:   “We process over 20% of bitcoin transactions”

Earlier, the German side made visits to Qatar, Norway, Canada, but negotiations with foreign partners have not yet helped Germany find a replacement for Russian gas.