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Norway’s Equinor signs huge long-term gas supply deal with Germany’s SEFE

December 20, 2023 Comments Off

Norway’s state-controlled Equinor said Dec. 19 it had agreed to supply Germany’s SEFE with 111 TWh/year (10 Bcm/year) of gas starting from Jan. 1, 2024, until 2034, making it one of Equinor’s biggest ever export contracts. The two sides also agreed an option to extend the supply deal for a further five years, with total volumes across the period of…