By Dominic Chopping

Equinor said Wednesday that it has signed a new long-term gas sales agreement with Austria's OMV.

The Norwegian energy major said it will supply OMV with an annual volume of 12 terawatt-hours during the five-year deal that starts on Oct. 1 this year.

The gas will be delivered to a hub in Germany and adds to volumes under already existing contracts, it said.

Financial details weren't disclosed but Equinor said the contract is priced at market terms.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

September 27, 2023 04:46 ET (08:46 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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