Equinor plans LNG expansion in early 2030s to meet European and Asian demand
Equinor said the expansion would include Brent-priced cargoes and new long-term deals as Asian buyers seek alternatives to Middle East supply disruptions.
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9 Articles
Equinor plans LNG supply expansion to 10M-15M tons/year to meet surging global demand (USO:NYSEARCA)
European natural gas supplier Equinor said it aims to expand its liquefied natural gas supply portfolio to 10M-15M metric tons/year by the early 2030s to meet demand from Europe and Asia.
Norwegians Preparing a Major LNG Turnaround: Equinor Wants to Increase Deliveries to 15 Million Tons
Norwegian company Equinor plans to significantly increase deliveries of liquefied natural gas, aiming to meet growing demand in Europe and Asia, especially due to current geopolitical tensions.
Key takeaways: Now that the conflict between Iran, the United States, and Israel is blocking the Strait of Hormuz, Equinor is positioning itself to absorb the resulting deficit in the energy market. The current blockade has severely hampered exports from the United Arab Emirates and Qatar. Equinor therefore plans to […] its annual LNG portfolio by 2030
Equinor has announced its future goals for its LNG operations. According to the company's plan, annual LNG production capacity will reach 10-15 million tons by the early 2030s.
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