ConocoPhillips and Uniper sign 10-year deal for 10Bcm/yr natural gas supply from Norway.

ConocoPhillips and Uniper have signed a 10-year agreement for the supply of up to 10 billion cubic meters of natural gas annually, focusing on pipeline delivery rather than LNG. This deal aims to bolster gas supplies in Germany and Europe, aligning with Uniper's efforts to replace coal plants to meet environmental targets. Financial details were not disclosed, and the gas will be sourced from ConocoPhillips’ Norwegian fields.

September 20, 2024
8 Articles