Equinor signs long-term LNG agreement with Thailand's PTT Trading

By Reuters News

OSLO, Sept 18 (Reuters) - Equinor EQNR.OL said on Friday it has signed a long-term agreement to supply liquefied natural gas (LNG) to Thailand's PTT Trading (PTTT).

"The agreement underlines the role of LNG in contributing to security of supply in a dynamic energy market," Equinor's senior vice president for gas and power, Helle Oestergaard Kristiansen, said in a statement.

The Norwegian company produces LNG at a plant in Arctic northern Norway and also buys LNG from US producer Cheniere for deliveries to its own customers, a business it is looking to expand.

Equinor said the commercial terms were confidential, and declined to comment on the duration and volume of the contract.

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