Qatar will spend US$11.6 billion (10 billion euro) on investments in Germany that will include participation in the construction of an LNG terminal, the kingdom’s ruler, Emir Tamim bin Hamad al-Thani, said at an investment conference in Germany, as quoted by Reuters. The investment will be made over five years. The emirate, which is the world’s top LNG exporter, has already poured US$29 billion (25 billion euro) in various Germany ventures, including investments in Volkswagen and Deutsche bank. The emir added that the new investment is a sign of Qatar’s “trust in the strength of the German economy and the importance of investing in it.” Reports about Qatari interest in building an LNG terminal in Germany emerged earlier this week, when the chief executive of Qatar Petroleum told Germany business daily Handelsblatt during the same investment conference. “We have a serious interest in participating in a German LNG terminal […]