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BASF, Equinor Confirm Strategic Partnership for Natural Gas

Equinor will supply up to 23 terawatt hours of natural gas annually to BASF.

BASF and Equinor have signed a long-term strategic agreement for the annual delivery of up to 23 terawatt hours (around 2bcm) of natural gas over a ten-year period. The contract secures a substantial share of BASF’s natural gas needs in Europe. Deliveries will start on Oct. 1, 2025. “This agreement further strengthens our partnership with BASF. Natural gas not only provides energy security to Europe but also critical feedstock to European industries. I am very happy that our gas also supports...

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