Equinor, BASF sign 10-year natural gas supply deal

The companies signed a 10-year agreement for the supply of about 2 billion cu m/year, representing what the companies call a “substantial share” of BASF’s natural gas needs in Europe.
July 18, 2025
Photo from Equinor.
Equinor, BASF sign natural gas supply agreement
Dirk Elvermann, CFO and CDO of BASF, and Anders Opedal, President and CEO of Equinor, at the signing of the ten-year natural gas supply agreement.

Equinor Energy AS has agreed to supply natural gas to BASF.

The companies signed a 10-year agreement for the supply of about 2 billion cu m/year, representing what the companies call a “substantial share” of BASF’s natural gas needs in Europe. Deliveries will begin Oct. 1, 2025.

Natural gas is a feedstock for European industries, including in the production of chemicals and fertilizers. BASF uses natural gas both as an energy source and as a raw material in the production of basic chemicals, the companies said in a joint release July 18.

Equinor has been supplying gas and liquids to BASF for several years, the companies said.

Sign up for Oil & Gas Journal Newsletters

Related

ADNOC Gas signs 3-year LNG supply agreement with Germany’s SEFE
Equinor signs 10-year gas supply deal with Centrica