German companies sign deals in UAE as Berlin seeks alternative energy supplies

21 Mar, 2022

DUBAI: German companies signed several agreements with firms in the United Arab Emirates to build up a comprehensive hydrogen value chain between the two countries, Germany’s Economy Ministry said on Monday.

The signing of the deals come during a visit by German Economy Minister Robert Habeck to the Gulf states to discuss long-term energy supplies. Berlin is making efforts to reduce its reliance on Russian energy and increase pressure on President Vladimir Putin over the country’s invasion of Ukraine.

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Germany’s Hydrogenious and Uniper, along with Abu Dhabi National Oil Company (ADNOC) and Japan’s JERA will enter a joint demonstration project for hydrogen transport, the ministry said in a statement.

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