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20 May 2026

Daily Newsletter

Equinor and Eneco agree five-year NCS gas supply for Germany

The gas will be supplied to Eneco subsidiary LichtBlick, beginning in April 2026 and lasting through to the close of 2030.

Shree Mishra May 20 2026

Equinor has finalised a five-year agreement with Dutch energy operator Eneco to supply natural gas from the Norwegian Continental Shelf (NCS) to Germany.

The gas will be delivered to LichtBlick, Eneco’s fully owned subsidiary in Germany. The deliveries began in April 2026 and will continue until the end of this decade.

The agreement involves the provision of approximately 2.2TW-hours annually, equivalent to around 200 million cubic metres per year.

According to LichtBlick, the gas from this contract has approximately 9% less greenhouse gas intensity than its other sources.

LichtBlick green energy markets director Jonas Beck said: “Since its foundation, LichtBlick has been committed to the energy transition, and we work every day towards the goal of a fully renewable energy system. But we also bear responsibility for ensuring a secure energy supply for our customers – here and now.

“As long as gas is still needed, we are taking targeted measures to reduce emissions as much as possible. The agreement between Eneco and Equinor is one such measure.

“At the same time, the contract strengthens our security of supply in geopolitically uncertain times.”

Eneco will utilise the Attributes SAS platform to purchase guarantees of origin known as 'sustainability qualities' from Equinor.

Equinor has undertaken electrification of offshore facilities and other improvements throughout the value chain to further reduce emissions from production and transport.

Equinor gas and power senior vice-president Helle Ø. Kristiansen said: “Norwegian gas plays an important role in supporting Europe’s energy security while also contributing to lower emissions compared with other gas sources.

“We are very pleased to strengthen our long‑standing partnership with Eneco through another agreement, supplying gas with a documented lower upstream emissions footprint than alternatives to support LichtBlick’s customers in Germany.”

As Europe transitions to a low-carbon energy system, natural gas is expected to remain a component of the energy mix.

It offers flexibility, aiding the expansion of renewable power while maintaining supply security amidst geopolitical uncertainties.

In March 2026, Equinor made a commercial oil discovery in the Snorre area in the Norwegian North Sea, with estimates indicating between 25 million barrels (mbbl) and 89mbbl of recoverable oil equivalent.

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