German Chancellor Angela Merkel has said Qatar’s energy sector offered more opportunities for cooperation with Europe’s largest economy and added that Qatar’s liquid natural gas helped to diversify energy supply sources.

Addressing a German-Qatari investment conference in Berlin attended by Qatari Emir Sheikh Tamim Bin Hamad Al-Thani, Merkel said there are a lot of opportunities to expand economic cooperation between our two countries.

The Chancellor added that Germany “regrets the crisis” in the gulf region and said Germany was not involved in the conflict.

Qatar’s Emir said his country will make 10 billion euro of direct investments into Germany in the next five years.

He said trade between the two countries had doubled to around 2.8 billion Euros, but the volume declined slightly in 2017.