Uniper and ConocoPhillips have secured the supply of up to 10 billion m3 of natural gas to Northwest Europe in extension of their long-term partnership.
Building on decades of strong energy partnerships, the new deal will make a major contribution to energy supply security and reliability in both Germany and Europe.
In a post on LinkedIn, Uniper’s chief commercial officer, Carsten Poppinga, explains: ‘We are excited to announce this significant deal, which is not only a great success for Uniper but also of central importance to energy security. This deal aims to enable us to sustainably strengthen the supply of gas in Germany and Europe on a long-term basis.’
In the agreement, CocoPhillips will supply natural gas to Uniper in Northwest Europe while leveraging its existing piped gas and growing LNG positions. It is a continuation of a long-standing, successful partnership that serves as cornerstone of long-term energy supply security for both Germany and Europe.