Equinor: to deliver more gas to Centrica in UK

(CercleFinance.com) - Today Equinor announced that it has reached an agreement with Centrica, a UK energy company, for additional gas deliveries to the UK.


It said that the supply agreement will enhance the UK's energy security over the next three winters.

The new supply agreement adds around 1 billion cubic metres (bcm) per year to Equinor's existing bilateral contract with Centrica and brings the total volume contracted to over 10 bcm per year.

While Britain currently imports around a third of its gas requirements from Norway, the announcement underlines the strategic importance of the Norwegian relationship to the UK's energy security.

Each year, Equinor supplies between 20-22 bcm of natural gas to the UK, covering over 25% of the country's gas demand.


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