Equinor signs 10-yr deal to deliver gas to the Czech Republic
Norway's Equinor said on Friday it has signed a 10-yr deal with the gas and electricity company of the city of Prague to deliver natural gas to the Czech Republic until at least 2035.
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.
Related News
Related News
- ExxonMobil halts 1-Bft3d blue hydrogen project in Texas
- Golden Pass LNG revises EPC contract for Trains 2 and 3
- Freeport LNG export plant in Texas to take in more natgas after unit shut on Monday
- Japan set to approve the restart of the world's biggest nuclear plant, lessening 2026 LNG import demand
- Aramco's Jafurah gas plant (Phase 1) begins output
Comments