Germany looks to diversify its energy sources to replace the gas imports from Russia. Credit: Michal Jarmoluk from Pixabay.

Germany is in deliberations with Iraq over possible natural gas imports from the latter, reported Reuters, citing German Chancellor Olaf Scholz.

The move comes as the European country looks to diversify its energy sources to replace the gas imports from Russia.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Scholz was quoted by the news agency as saying to journalists in Berlin in a joint news conference with Iraqi Prime Minister Mohammed Shia Al-Sudani: “We also talked about possible gas deliveries to Germany and agreed to stay in close contact.”

German companies have also been offered the chance to invest in Iraq, which intends to deliver gas to the European nation through a pipeline via Turkey.

Al Mayadeen was quoted by thenationalnews.com as saying that the German companies are expected to help address Iraq’s gas flaring problem.

Al Sudani added: “We are striving for a better use of flared gas and, correspondingly, we can use gas much better and more efficiently.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“We offered during today’s visit that German companies can invest in these areas and be present in Iraq.”

In a separate announcement in Europe, an explosion hit a gas pipeline connecting Lithuania and Latvia in northern Lithuania. However, there was no evidence of an attack, according to Al Jazeera.

Lithuanian gas transmission operator Amber Grid said it has restored the damaged gas pipeline in the Pasvaly district.

The cause of the incident is being investigated by the law enforcement authorities, the State Energy Regulatory Council (VERT), and the Amber Grid expert commission.

According to the company’s preliminary assessment, technical reasons were the cause of the incident at the pipeline.