Equinor and Eneco sign 5-year agreement for supplies to Netherlands

Moscow, October 13 – Neftegaz.RU. Equinor and Eneco have signed a five-year agreement for natural gas deliveries. The covers around 9 TWh of natural gas per year, or approximately 0.9 billion cubic metres, to the Dutch gas grid with deliveries started on 1 October 2026.

The agreement covers gas from the Norwegian continental shelf, where production and pipeline transport have a comparatively low greenhouse gas footprint among gas sources supplied to Europe. Commercial terms are confidential between the parties.

In addition to the gas supply, Equinor will transfer verified environmental attributes to Eneco through the digital platform operated by Attributes SA. The greenhouse gas footprint of the gas under this contract is 11.8% lower than the average for gas supplied through the Dutch grid.

«This is the third long-term agreement we have signed with Eneco this year, and I am very pleased that we are further expanding our relationship. Across all three agreements, the gas supplied by Equinor includes verified attributes through the Attributes platform, providing documented data on the origin of the gas and its upstream greenhouse gas footprint», says Helle Østergaard Kristiansen, Equinor’s senior vice president for Gas & Power.

In February, Equinor and Eneco signed a 5-year agreement for deliveries of gas to Eneco, a main supplier of natural gas, electricity and heat in the Netherlands. Deliveries began in February at a volume of 0.5 billion cubic meters of gas annually. In May 2026, the companies signed another five-year agreement to supply gas to Germany. The annual supply volume is approximately 0.2 billion cubic meters, equivalent to 2.2 TWh.

Neftegaz.ru notes that Norway is one of the key suppliers of pipeline gas to Europe, replacing a significant portion of the volumes previously supplied by Russia. Earlier, the country raised its forecast for oil and gas budget revenues for 2026 to $78.7 billion. The revision of estimates is due to the conflict in the Middle East, which has led to a rise in energy prices.