Germany’s Olaf Scholz welcomes energy security deal in UAE

Germany’s Olaf Scholz welcomes energy security deal in UAE

German Chancellor Olaf Scholz has come to an agreement with the United Arab Emirates (UAE) over energy supplies.

An agreement was made with UAE leaders in Abu Dhabi to buy liquified natural gas (LNG) from the Gulf state after Scholz and his delegation met with Emirati President Sheikh Mohammed bin Zayed Al Nahyan, UAE state news agency WAM reported.

"I welcome the signing of the joint declaration" on the "energy security" agreement, WAM cited Scholz as saying.

The chancellor arrived in the UAE on Sunday after meeting with the Saudi crown prince on Saturday.

Earlier in the day, he emphasized the need to rely on a variety of sources for Germany's energy needs, saying that being dependent on just one source "will certainly not happen again."

Scholz is scheduled to stop off in Qatar to end his two-day trip to the region.

The German energy company RWE has signed a deal to secure a delivery of 137,000 cubic meters of LNG to be sent to the new LNG terminal in Brunsbüttel near Hamburg in December.

According to the dpa news agency, the amount included in the first delivery equates to around 0.95 billion kilowatt hours of electricity. The Nord Stream 1 pipeline from Russia to Germany on