Hydrogen
Germany Signs Long-Term Gas, Hydrogen Deal with Norway
German state natural gas provider Sefe has contracted ten billion cubic meters a year from Norwegian provider Equinor from 2024 to 2034.
Dec 21, 2023
The volume of natural gas in the deal is roughly one third of Germany’s annual industrial needs. The contract has a five-year extension option.
The two sides also agreed to a declaration of intent that will see Germany purchasing hydrogen from Norway as of 2029.
Sefe head Egbert Laege called the agreement a milestone.
“Today we are securing the provision of energy through natural gas, to which there is no alternative at the moment,” Laege said. “At the same time this is a big step forward toward the energy provision of tomorrow and the fulfillment of Sefe’s hydrogen ambitions.”
