SEFE and ConocoPhillips have entered a long-term natural gas agreement, under which first gas deliveries have been completed. Over the next 10 years, ConocoPhillips will deliver up to 9 billion m3 of natural gas from their European portfolio, to SEFE at various trading hubs across Europe.
ConocoPhillips has a large European supply portfolio, including Norwegian natural gas production and LNG imports.
SEFE CCO Frederic Barnaud says: ‘The long-term partnership between SEFE and ConocoPhillips is an important milestone in pursuing our ambition to diversify our natural gas portfolio.’
