All Russian LNG trade banned for EU operators from 2027
Trading and reselling Russian LNG will be forbidden for EU-based companies starting from 2027 – regardless if the Russian LNG is destined for the European Union or not, EU Energy Commissioner Dan Jorgensen specified.
Germany’s SEFE agrees to offtake Ksi Lisims LNG from Canada
German state gas importer SEFE has agreed to buy 1 mtpa of LNG from Canada’s planned Ksi Lisims liquefaction project in British Columbia, with deliveries set to begin in the early 2030s for a tenure of up to 20 years.
SEFE secures Argentina’s first long-term LNG export deal
Securing Energy for Europe (SEFE) and Argentina’s Southern Energy have signed an 8-years sales and purchase agreement (SPA) for 2 mtpa of LNG, with deliveries starting in late 2027. The deal, totalling 16 mtpa over the contract term, marks Argentina’s first long-term LNG export contract.
BOTAS secures 11 bcm of LNG from SEFE and Eni, starting 2028
Turkish state gas company BOTAS has agreed to purchase a total of 11 bcm of LNG-equivalent over 10 years from Germany’s state-owned SEFE and Italy’s Eni starting from 2028. Shipments will take place in winter only, sourced the partner’s Atlantic Basin supply portfolios.
Equinor gas mega-deal
Dec 20 (LNGJ) - Norwegian pipeline gas company Equinor and German state-owned firm Securing Energy for Europe (SEFE), formerly a unit of Russia's Gazprom before it was nationalized by the German Federal Government after the Russian invasion of Ukraine, have signed a wide-ranging gas supply deal. Equinor has agreed to supply 111 terrawatt hours, or 10 billion cubic metres of natural gas per annum, to SEFE from January 2024 until 2034 and with an option for another five years and at terms reflecting market prices.
“This is a response to Europe’s need for long-term, reliable supply of energy,” said Equinor’s Chief Executive Anders Opedal. “The gas will be delivered to Trading Hub Europe (THE) in Germany, Title Transfer Facility (TTF) in the Netherlands and at the National Balancing Point (NBP) in the UK,” said a joint statement. The agreements were signed in Berlin by CEO Opedal and SEFE’s CEO, Egbert Laege. “After the Troll gas sales agreement in 1986, this is one of the largest gas sales agreements Equinor has entered into as a company,” the Norwegians added.
