Home / Business and Economy / Equinor Seals 5-Year Gas Deal for Germany
Equinor Seals 5-Year Gas Deal for Germany
19 May
Summary
- Equinor secured a five-year gas supply agreement with Eneco.
- Deliveries will serve Eneco's German subsidiary, LichtBlick.
- The deal ensures gas supply until 2030 with a lower carbon footprint.
Norwegian energy company Equinor announced on Tuesday, May 19, 2026, that it has entered into a significant five-year gas supply agreement with Eneco, a Dutch energy firm. This new contract is specifically designated for gas deliveries to Eneco's German subsidiary.
The agreement stipulates an annual volume of approximately 2.2 terawatt hours of natural gas, which is roughly equivalent to 0.2 billion cubic meters per year. These supplies are set to continue until the year 2030. This deal represents the second such partnership between Equinor and Eneco this year, following an earlier five-year agreement signed in February for deliveries to the Netherlands.
Significantly, both agreements include provisions for Eneco to purchase guarantees of origin from Equinor. These guarantees serve to certify that the natural gas delivered has a greenhouse gas footprint lower than the industry average. Jonas Beck, director of green energy markets at LichtBlick, emphasized the importance of these targeted measures in reducing emissions during the ongoing need for gas and highlighted how the contract bolsters the company's security of supply amidst uncertain geopolitical times.
