Equinor and Uniper sign gas sales agreement for supplies to Germany

Moscow, August 24 – Neftegaz.RU. Equinor and the energy company 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.

«This long-term agreement is a strong signal for the future of Europe’s energy system. Reliable long-term partnerships remain essential for secure and competitive energy markets, and this agreement strengthens Germany’s gas supply for years to come. At the same time, we see significant potential to work together with Equinor on advancing proven lower-emissions gas solutions for customers in Germany. Norway is a cornerstone of Europe’s energy security, and Equinor is a trusted partner with deep expertise and a strong commitment to the European market», says Michael Lewis, CEO of Uniper.

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.

«For five decades, Norwegian gas has heated German homes, fuelled German industry and contributed to Germany’s energy security. This new agreement with Uniper builds on that history and extends our commercial relationship well into the 2040s. It is a reminder of the importance of long-term partnerships in a period with changing energy markets», says Anders Opedal, president and CEO of Equinor.

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.

Natural gas is expected to remain a key part of Europe’s future energy mix, supporting security of supply, industrial activity and flexibility in the energy system as more renewable power and low-carbon gases are developed.