After Poland, Equinor agrees to supply gas to Switzerland | Rigzone
As part of its policy to diversify its supply portfolio, Gaznat has signed a five-year gas purchase agreement with Norwegian oil and gas group Equinor.
Switzerland-based Gaznat announced that it has signed a new five-year gas procurement agreement with this supplier, completing its gas portfolio with gas produced and transported under the highest environmental standards.
This is an important step towards securing new gas volumes in order to get through the coming winter with a high level of security of supply.
This partnership is of particular importance as it strengthens the relationship with a leading, European and reliable manufacturer in an unprecedented geopolitical and macroeconomic context. It also allows Gaznat to diversify its portfolio including different counterparties.
Gaznat will import its volumes into its supply area to supply its customers in western Switzerland, including gas distribution companies who are also Gaznat shareholders.
This deal with Gaznat comes just weeks after Equinor signed a long-term gas sales agreement with PGNiG that will help ensure Poland’s energy security.
The agreement was for 10 years, with a volume of around 84.75 billion cubic feet of gas per year to be exported through the new Baltic Pipe. The Baltic Pipe Project connects the Norwegian gas export system to Poland via Denmark and facilitates the flow of Norwegian pipeline gas to Poland.
The Baltic Pipe project is connected to the Norwegian gas transmission system with the Danish transmission system operator Energinet responsible for the components on Danish territory and the Polish transmission system operator GAZ-SYSTEM responsible for the section between Denmark and Poland.
To contact the author, email [email protected]