Equinor has signed a five-year natural gas supply agreement with the Dutch company Eneco, destined for the German market through its subsidiary LichtBlick.
The contract, valid until the end of 2030, covers annual volumes of approximately 2.2 terawatt-hours, equivalent to about 0.2 billion cubic meters. Deliveries began in April 2026 and are being integrated into the German energy grid at a time of high geopolitical sensitivity.
Gas supply with lower emissions intensity
Under the terms of the agreement, gas from the Norwegian continental shelf has a lower greenhouse gas intensity compared to alternative sources available in Germany. In fact, LichtBlick estimates that the emissions associated with this supply are approximately 9% lower.
Eneco will also acquire guarantees of origin through the Attributes SAS platform, which will allow it to certify the so-called “sustainability qualities” of the supplied gas. This mechanism adds traceability to the energy product in an environment where transparency in emissions is becoming increasingly important.
Equinor, majority-owned by the Norwegian state, remains the leading supplier of natural gas via pipeline in Europe. Its production on the Norwegian continental shelf has one of the lowest carbon footprints in the industry, thanks to processes such as the electrification of offshore facilities and operational improvements across the entire value chain.
In the words of Helle Ø. Kristiansen, senior vice president of Gas and Energy at the company, these types of agreements allow for strengthening European energy security while reducing emissions compared to other sources.
Energy security in an uncertain environment
From the German market’s perspective, the agreement also addresses the need to guarantee supply in the short term. Jonas Beck, head of green energy markets at LichtBlick, emphasizes that, although the goal is a fully renewable system, gas remains essential during the transition.
In this respect, the contract helps to balance the energy mix, providing flexibility to support the growth of renewable energy. At the same time, it strengthens the system’s resilience to potential disruptions in global supply.
The agreement with Eneco is part of a broader portfolio of long-term supply contracts that Equinor has with European customers. This strategy reflects sustained demand for reliable energy with lower emissions during the decarbonization process.
Source and photo: Equinor