German firms to sign LNG, hydrogen deals on Scholz’s Gulf trip: Official

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German companies will sign contracts on LNG and hydrogen power on the sidelines of a visit to the Middle East by Chancellor Olaf Scholz starting on Saturday, a government official said.

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Germany wants to source energy globally, and the Gulf states are a building block to achieving that, the official added.

Scholz will travel to Saudi Arabia on Saturday for the start of a two-day visit to the Gulf region, the Berlin government said on Monday.

Scholz is scheduled to meet the president of the United Arab Emirates, Sheikh Mohammed bin Zayed, on Sunday, before heading to Qatar for talks there and then back to Germany later that day.

The weekend visit to the Gulf states will, among other things, focus on Germany as an investment location, a government spokesperson told reporters in Berlin.

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