Equinor and Eneco have signed a five-year contract for natural gas supply to the Netherlands, starting from February 1. Up to 500 million cubic metres of gas will be delivered annually from the Norwegian Continental Shelf. Eneco will receive guarantees of origin, reducing carbon dioxide emissions by over 10%. Equinor’s discovery of oil, condensate, and gas at Tyrihans Øst prospect in the Norwegian Sea is a significant development. Eneco CEO Kees Jan Rameau expressed satisfaction with the deal, emphasizing the importance of natural gas in the energy mix towards achieving climate neutrality.

Read more at Yahoo Finance: Equinor and Eneco agree five-year natural gas supply deal for Netherlands