Stay updated with breaking news from Securing Energy. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
![Germany's mega-deal with Norway to replace Russian gas [Gas in Transition] - Vimarsana News](https://vimarsana.com/images/vimarsana-bigimage.jpg)
Undoubtedly the long-term nature of the new deal increases security of Germany’s gas supplies significantly and reduces reliance on LNG imports and the spot market, which are subject to market volatility and higher prices. It is a return to supply stability.
Gasum has delivered a cargo of LNG, procured from Germany's SEFE (Securing Energy for Europe), to the Inkoo FSRU.
SynopsisEquinor and SEFE forge an extensive energy alliance, with Equinor set to supply Germany’s SEFE with 111 terrawatt hours of natural gas annually until 20
Equinor’s CEO Anders Opedal says the agreements are in response to Europe’s need for long-term, reliable supply of energy and a push towards decarbonization at scale.
Norwegian oil and gas company Equinor has signed a long-term gas supply deal with Germany’s Securing Energy for Europe (SEFE).