Equinor signs a 15-year LNG agreement with India-based fertilizer, petrochemical company

Feb. 20, 2024
Equinor and India’s DFPCL signed a 15-year agreement for the supply of 0.65 million tpy of LNG with deliveries starting in 2026.

Equinor and India’s Deepak Fertilisers and Petrochemicals Corp. Ltd. (DFPCL) have signed a 15-year agreement for the supply of 0.65 million tonnes/year of LNG with deliveries starting in 2026.

LNG from the Equinor-operated LNG plant in Hammerfest, Norway, and LNG supply sourced mainly from the US will be the base of supply to Deepak, which will use the gas mainly as feedstock for production of ammonia in its newly commissioned plant for manufacturing fertilizers and petrochemicals, Equinor said in a release Feb. 19.