After Poland, Equinor agrees to supply gas to Switzerland | Rigzone

As part of its policy of diversifying its supply portfolio, Gaznat has signed a gas purchase contract with the Norwegian oil and gas major Equinor for a period of five years.

Switzerland-based Gaznat said the new five-year gas purchase agreement has been signed with this supplier, completing its gas portfolio with gas extracted and transported to the highest environmental standards.

This is a major step towards securing new gas volumes to weather the coming winters with a high level of security of supply.

This partnership is of particular importance, as it strengthens a relationship with a leading, European and reliable producer, in an unprecedented geopolitical and macroeconomic context. It also allows Gaznat to diversify its portfolio by including various counterparties.

Gaznat will import its volumes into its service area to supply its customers in French-speaking Switzerland, including gas distribution companies that are also Gaznat shareholders.

This agreement with Gaznat comes just weeks after Equinor signed a long-term gas sales agreement with PGNiG that will contribute to Poland’s energy security.

The deal was for 10 years and involved a volume of approximately 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 transport of the Norwegian gas pipeline to Poland.

The Baltic Pipe project connects 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 in charge of the section between Denmark and Poland .

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