Norway's Equinor Agrees With Centrica to Deliver Additional Gas to UK -- Update
16 Giugno 2022 - 1:18PM
Dow Jones News
By Dominic Chopping and Jaime Llinares Taboada
Norwegian energy group Equinor ASA said Thursday that it has
signed an agreement with British energy supplier Centrica PLC to
deliver additional gas supplies to the U.K. over the next three
winters.
The new supply agreement adds around 1 billion cubic meters a
year to Equinor's existing, bilateral contract with Centrica and
brings the total volume under the contract to more than 10 BCM a
year, it said. Centrica owns the U.K.'s largest power-and-gas
retailer, British Gas.
Equinor typically supplies 20-22 BCM of natural gas to the U.K.
every year, which covers more than 25% of the country's gas demand,
it said.
This deal between the U.K. and Norway comes as Russia's Gazprom
PJSC is lowering flows into Europe via the key Nord Stream pipeline
due to maintenance delays, and shutting sales to large buyers in
Denmark, Netherlands, Finland, Poland and Bulgaria. The European
Union imported 155 BCM of gas from Russia in 2021, 40% of its total
consumption, according to the International Energy Agency.
"With Russia's criminal invasion of Ukraine, it is more
important than ever that we source more of the gas we need
domestically, but also from safe and reliable import partners while
we transition. We cannot, and will not, turn off the taps
overnight," the U.K.'s Business and Energy Secretary Kwasi Kwarteng
said.
"At a time when energy security is paramount, I'm pleased that
we are able to do our bit to ease the pressure and provide some
more certainty ahead of what may be a difficult winter," Centrica's
Chief Executive Chris O'Shea said.
Write to Dominic Chopping at dominic.chopping@wsj.com; Jaime
Llinares at jaime.llinares@wsj.com
(END) Dow Jones Newswires
June 16, 2022 07:03 ET (11:03 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
Grafico Azioni Centrica (PK) (USOTC:CPYYY)
Storico
Da Ago 2024 a Set 2024
Grafico Azioni Centrica (PK) (USOTC:CPYYY)
Storico
Da Set 2023 a Set 2024