24 Aug Equinor signs 15-year gas sales agreement for supplies to Germany
(Oilandgaspress) 24/08/26 -Equinor and Uniper have signed a 15-year agreement for supplies of natural gas to Germany. Under the agreement, Equinor will deliver more than 30 TWh (ca. 2.8 billion cubic metres) of natural gas per year to Uniper.
Supplies under the new agreement will be from 1 January 2027 to 31 December 2041 with the gas delivered at Trading Hub Europe, the German gas market area. Pricing will reflect market terms, while other commercial details are confidential between the parties.
Equinor and Uniper have also signed a non-binding letter of intent to explore possible sales from Equinor to Uniper of sustainability-related attributes linked to supplies under the new gas sales agreement. These attributes refer to documented data on the origin of the gas and its greenhouse gas intensity and other sustainability characteristics of Equinor’s gas production, which is third-party verified andmade availablethrough the Attributes digital platform.
Germany is Equinor’s largest market for natural gas and has been an anchor market for Norwegian gas since exports started in 1977. Deliveries under the new agreement will start on 1 January 2027, the same year Norway and Equinor mark 50 years of gas exports to Germany.
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