#Latest news with #NorwegianGasBloomberg5 days agoBusinessBloombergUK's Centrica Signs £20 Billion Deal for Norwegian Gas SuppliesThe UK is set to secure imports of Norwegian gas to fuel its economy with a deal that will deepen supply ties with the Nordic nation for the next decade. Centrica Plc, the owner of British Gas, signed a £20 billion ($27.1 billion) agreement with Norway's Equinor ASA to buy 5 billion cubic meters of gas per year until 2035 — enough for 5 million British homes — the companies announced. The deal will kick-in after another agreement signed in summer 2022 expires later this year, and allows for natural gas sales to be replaced with hydrogen in the future.
Bloomberg5 days agoBusinessBloombergUK's Centrica Signs £20 Billion Deal for Norwegian Gas SuppliesThe UK is set to secure imports of Norwegian gas to fuel its economy with a deal that will deepen supply ties with the Nordic nation for the next decade. Centrica Plc, the owner of British Gas, signed a £20 billion ($27.1 billion) agreement with Norway's Equinor ASA to buy 5 billion cubic meters of gas per year until 2035 — enough for 5 million British homes — the companies announced. The deal will kick-in after another agreement signed in summer 2022 expires later this year, and allows for natural gas sales to be replaced with hydrogen in the future.