Norway’s Equinor signs a 2.4 bcm/year gas sales agreement with Poland’s PGNiG
The Norwegian oil and gas company Equinor has signed a 10-year gas sales agreement to supply Poland’s PGNiG with 2.4 bcm/year of natural gas, through the Baltic Pipe project. The volumes under the new long-term agreement are equivalent to around 15 % of the annual gas consumption in Poland. The agreement will be effective from 1 January 2023 to 1 January 2033.
The Baltic Pipe Project is a gas infrastructure project that will allow transport of gas from Norway to the Danish and Polish markets, as well as to end-users in neighbouring countries. At the same time, the Baltic Pipe Project will enable the supply of gas from Poland to the Danish market. It is due to be commissioned before the end of 2022.
In July 2022, Gaz-System and Energinet have connected the Baltic Gas offshore gas pipeline to the Danish transmission network in Faxe, Denmark, and to the Polish transmission system in Pogorzelica, integrating the gas networks of the two countries.
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