en.Wedoany.com Reported - Norwegian state energy company Equinor has signed a multi-year agreement with Dutch energy enterprise Eneco to supply natural gas produced on the Norwegian Continental Shelf (NCS) through Eneco's wholly-owned German subsidiary, LichtBlick.

The agreement signed this time has a term of five years, valid until the end of 2030. The contracted natural gas supply volume is approximately 2.2 terawatt-hours per year (equivalent to about 0.2 billion cubic meters per year). Gas deliveries to Germany commenced in April 2026. Equinor stated that the greenhouse gas intensity of the natural gas supplied under this agreement is lower compared to alternative gas sources in the German grid.

Helle Ø. Kristiansen, Equinor's Senior Vice President for Gas & Power, stated that Norwegian gas plays a key role in ensuring European energy security and effectively reduces emissions compared to other gas sources. She expressed pleasure in deepening the long-term cooperation with Eneco through the new agreement, providing LichtBlick's customers in Germany with natural gas whose certified upstream emission footprint is lower than alternatives.

Under the agreement, Eneco will purchase guarantees of origin, termed "Sustainability Qualities," from Equinor via the Attributes SAS platform. LichtBlick claims the greenhouse gas intensity of the natural gas under this contract is approximately 9% lower than alternative sources.

Equinor is one of Europe's largest pipeline gas suppliers, and its production on the Norwegian Continental Shelf (NCS) has one of the lowest carbon emission intensities in the global gas industry. The company states that emissions from its production and transportation segments are decreasing year by year through the electrification of offshore facilities and value chain optimization.

Jonas Beck, Director of Green Energy Markets at LichtBlick, pointed out that the company is consistently committed to the energy transition and strives towards the goal of a fully renewable energy system, but also bears the responsibility of ensuring energy supply security for its customers. He stated that during the phase where natural gas is still needed, emissions must be minimized as much as possible through such targeted measures. This agreement not only contributes to emission reduction but also strengthens the company's supply security during the current period of geopolitical uncertainty.

The Norwegian state-owned enterprise emphasized that during the transition phase to a low-carbon energy system, natural gas is expected to remain an important component of Europe's energy mix. It can provide flexible peak-shaving support for highly variable renewable energy sources and ensure energy supply security in a complex geopolitical environment. This latest agreement with Eneco is one of a series of long-term natural gas sales agreements Equinor has signed with European customers, reflecting the sustained market demand for low-emission, reliable energy during the energy transition.

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