Norway is Europe’s largest supplier of natural gas, delivering some 95% of its volumes via pipelines to Europe while the rest is exported on ships in the form of liquefied natural gas (LNG).
“This joins a string of long-term gas contracts we have signed across Europe in recent years, demonstrating the role gas plays for European energy security,” Equinor CEO Anders Opedal said in a statement.
Deliveries have already begun, the company said, adding that it sees a growing market among potential customers in central and southern Europe.
Information on volumes, terms and conditions was confidential, Equinor said.
Reporting by Terje Solsvik, editing by Stine Jacobsen – Reuters
This article was originally posted at sweetcrudereports.com
Be the first to comment