EQNR - Equinor's Massive Gas Pact: Long-Term Deal With Germany's SEFE Plus Hydrogen Partnership | Benzinga
Equinor ASA (NYSE: EQNR) penned a long-term gas sales agreement with Germany's state-owned energy company SEFE (Securing Energy for Europe).
The contract value is EUR 50 billion ($55 billion), as per Reuters.
"This is a response to Europe's need for long-term, reliable supply of energy and a viable route to decarbonization at scale," said Equinor's CEO Anders Opedal.
As per the terms, Equinor will supply SEFE ...