Chemical Industry News, Data & Insights

Equinor Secures 10-Year Gas Supply Deal with Czech Republic

Key highlights
  • Equinor and Pražská plynárenská signed a 10-year gas supply agreement.
  • Deliveries started and will continue until October 1, 2035.
  • Gas is sourced from the Norwegian continental shelf.
  • Details on volumes and terms are confidential.

Agreement Details

Equinor and Pražská plynárenská have entered into a 10-year agreement for gas supplies to the Czech Republic. The deliveries commenced and are set to continue until October 1, 2035.

Supply Source

The gas supplied under this agreement is sourced from the Norwegian continental shelf, a key energy region in Europe.

Market Expansion

While Equinor's primary markets have been in Northwest Europe and the UK, the company has expanded its reach over the last decade to include the Baltics, Poland, and now Central and Southern Europe.

Confidential Terms

Specific details regarding the volumes, terms, and conditions of the agreement remain confidential between the parties involved.