Uniper, ConocoPhillips Strike 10-Year Gas-Supply Deal
Provided by
Dow Jones
By Christian Moess Laursen
Uniper and U.S. oil-and-gas major ConocoPhillips agreed to extend their long-term gas supply partnership for up to 10 billion cubic meters of natural gas over the next 10 years in north-west European markets.
The German energy company said late Thursday that ConocoPhillips will supply natural gas to Uniper in north-west Europe while leveraging its existing piped gas and liquefied natural-gas position. No financial details were disclosed.
The extension strengthens the diversification of Uniper's portfolio, the Duesseldorf-based company said.
Write to Christian Moess Laursen at christian.moess@wsj.com
(END) Dow Jones Newswires
September 20, 2024 03:38 ET (07:38 GMT)
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