Free Trial

Norway's Vaar Extends Gas Deal with Germany's VNG

NATGAS

Norway’s Vaar Energy has extended a long-term supply deal with Germany’s VNG by 12 years the company said Tuesday.

  • The deal means Vaar is set to deliver up to 5 billion cubic metres of gas over the period from 2024 to 2036 to terminals in Emden and Dornum in Germany, priced at market terms.
  • Norway is Europe’s biggest gas supplier and crucial for the region’s energy security.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.