Germany in talks with Iraq over doable gasoline imports – Chancellor

BERLIN, Jan 13 (Reuters) – Germany is in talks with Iraq over the opportunity of importing pure gasoline from the oil-rich nation, Chancellor Olaf Scholz mentioned on Friday, as Berlin scrambles to diversify its power sources to exchange a drop in Russian fossil gas shipments.

“We additionally talked about doable gasoline deliveries to Germany and agreed to remain in shut contact,” Scholz informed journalists in a joint information convention with Iraqi Prime Minister Mohammed Shia al-Sudani in Berlin.

Scholz didn’t give additional particulars on the volumes of gasoline Germany hopes to import from Iraq.

Baghdad has provided alternatives to German corporations to spend money on utilizing Iraq’s pure gasoline and the gasoline generated as a byproduct from oil manufacturing, al-Sudani mentioned, including that Iraq desires to ship gasoline via a pipeline through Turkey to Europe.

Iraq continues to flare a number of the gasoline extracted alongside crude oil as a result of it lacks the amenities to course of it into gas for native consumption or exports.

Germany, which used to get 55% of its gasoline imports from Russia, has been searching for to diversify its LNG imports to keep away from heavy reliance on just a few exporters, after offers with Qatar and america.

Reporting by Riham Alkousaa and Ahmed Rasheed, modifying by Thomas Escritt, Matthias Williams and Sharon Singleton

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