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Germany seeks new raw material sources

Germany seeks new raw material sources

The article discusses Germany and Azerbaijan's efforts to diversify their natural gas supply sources, especially after Germany stopped importing gas from Russia four and a half years ago. German Chancellor Olaf Scholz and his team met with Azerbaijani Foreign Minister Jeyhun Bayramov to discuss increasing the amount of gas supplied to Germany, with Azerbaijan playing a key role in meeting its needs. The article also notes Germany's pursuit of liquefied natural gas (LNG) imports from Mauritania and Senegal, in addition to existing supplies from Norway and the United States. Meanwhile, Russia is working to expand its gas transmission network through Armenia and Turkey, with Azerbaijan also prepared to provide larger quantities under current contracts. Azerbaijan currently supplies about 1.5 billion cubic meters annually but needs support and funding from the European Union to develop infrastructure and increase its supplies. European officials are calling for a review of their financial stance and encouraging investments in the gas sector, amid concerns over excessive reliance on less trustworthy sources like China, especially in the context of current geopolitical tensions. Additionally, Germany's Foreign Minister is visiting Africa to strengthen trade and investment relations, focusing on diversifying energy sources and finding alternative suppliers amid regional challenges.

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