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Equinor ASA EQNR, the Norwegian energy giant, and Centrica plc, owner of British Gas, have inked a £20 billion gas supply agreement for 10 years starting Oct. 1, 2025. Under the terms of the deal ...
Equinor ASA (NYSE: EQNR) has signed a new long-term deal with U.K. energy company Centrica, worth roughly £20 billion ($27.1 billion), to supply natural gas to the U.K. over the next decade.
Equinor ASA EQNR entered an agreement with Centrica to supply additional gas to the U.K. for the next few years in response to the country’s mounting energy crisis.
Equinor’s UK Country Manager Alex Grant added that the agreement is central to Equinor’s ambitions to remain a reliable energy provider while helping decarbonise industries. Centrica Group Chief ...
British Gas owner Centrica has announced a partnership deal with energy giant Equinor to bring gas to the UK in a deal believed to be worth around £20 billion.
Equinor (OSE:EQNR, NYSE:EQNR) delivered an adjusted operating income* of USD 6.53 billion and USD 1.74 billion after tax* in the second qua ...
Equinor is proud to be a long-term, reliable energy partner with both Centrica and the UK, and I am very happy that through this agreement we are able to contribute to the UK securing further ...
This follows Centrica’s three-year supply agreement with Equinor, which will heat 4.5m UK homes through to 2024 and the reopening of the Rough gas storage facility in October 2022.
With 10 billion cubic meters of annual gas supply, Norwegian state-owned Equinor is the largest gas supplier of no-moat Centrica.