September 17, 2026: Equinor, opens new tab aims to expand its liquefied natural gas supply portfolio to between 10 million and 15 million metric tons per year (tpy) early in the next decade to meet demand from Europe and Asia, senior executives said on Thursday.
The Norwegian producer is expected to announce a second deal to supply LNG to an Asian customer this week, Ingvar Egeland, Equinor's vice president for LNG, told Reuters

Equinor committed to a 15-year LNG supply deal with India's Deepak Fertilizers and Petrochemicals Corp in May.
"We have ⁠been in dialogue with many counterparties, especially in India and also places in Southeast Asia, wanting to have new sources," Egeland said, adding that Equinor focuses on supply deals to state energy companies and fertiliser producers.

The U.S.-Israeli war on Iran has prevented Qatar and the United Arab Emirates from exporting most of their LNG via the Strait of Hormuz, where a fifth of global supplies used to pass, forcing Asian buyers to seek other supplies

(Source: Reuters)