Norway's Equinor sign's 5-year gas supply deal for Germany with Eneco

Chubu Electric Power Co

19/05/2026 08:41

OSLO, May 19 (Reuters) - Norway's Equinor EQNR.OL said on Tuesday it has signed a five-year gas supply agreement with Dutch energy firm Eneco 8058.T, 9502.T for deliveries to its Germany subsidiary.

The agreement to supply Eneco's German subsidiary LichtBlick covers an annual volume of about 2.2 terawatt hours (TWh), or roughly 0.2 billion cubic metres (bcm) per year, running until 2030, the company said.

It marks the second deal between Equinor and Eneco this year, following a five-year agreement signed in February to supply 0.5 bcm per year to the Netherlands.

Both deals also include Eneco purchasing guarantees of origin from Equinor to certify a lower-than-average greenhouse gas footprint of the delivered natural gas.

"As long as gas is still needed, we are taking targeted measures to reduce emissions as much as possible," said Jonas Beck, director of green energy markets at LichtBlick.

The contract also strengthened the company's security of supply in geopolitically uncertain times, he added.

 (Reporting by Nora Buli, editing by Terje Solsvik)

 ((Nora.Buli@thomsonreuters.com; (+47) 21 04 05 56; Reuters Messaging: nora.buli.thomsonreuters.com@reuters.net))