Centrica, owner of British Gas, has agreed to a £20 billion deal with Norway’s Equinor to supply nearly 10% of the UK’s gas needs annually for the next decade, supporting energy security while paving the way for future hydrogen integration.
Centrica announced a long-term agreement to purchase approximately 5 billion cubic meters of natural gas each year from Norway’s state energy company, Equinor. The supply, sufficient to serve around 5 million UK homes, will begin this winter and continue until 2035, with prices linked to the prevailing market rates.
The deal builds on the longstanding energy partnership between the UK and Norway, a key gas supplier for more than 50 years. In line with the UK’s net zero ambitions, the contract includes provisions allowing gas imports to be gradually replaced by hydrogen from Equinor’s UK hydrogen projects.
Equinor is collaborating with Centrica and SSE on low-carbon hydrogen initiatives, including plans for a “pathfinder” hydrogen facility at the Aldbrough gas storage site in East Yorkshire, potentially operational by 2029.
Currently, the UK imports about two-thirds of its gas from Norway, though national demand dropped to record lows last year due to growing renewable energy capacity and increased power imports from Europe. The UK government anticipates gas demand will continue to decline throughout the next decade as electric alternatives and energy efficiency measures advance.
Centrica CEO Chris O’Shea described the deal as a “landmark agreement” highlighting the continuing role of natural gas in ensuring reliable energy supply while supporting the growth of a hydrogen market.
AnewZ has premiered its new documentary film Kontrapunkt in Berlin, exploring more than two centuries of shared German-Azerbaijani hist...
Central Asian countries have agreed on water withdrawal limits and reservoir operating plans for the 2026-2027 non-growing season, with inflows int...
Tajikistan has begun the process of leaving the International Criminal Court, citing what it calls growing politicisation and bias in the court&rsq...
Russia's health watchdog said on Tuesday that no cases of plague had been detected among anyone who had come into contact with a Siberian plague institute laboratory worker who died last week, and locals said their lives had barely been disrupted.
Russia struck Ukraine overnight in one of the biggest attacks of the conflict, killing at least 19 people, Kyiv's Foreign Ministry said on Wednesday. Around 70 missiles were fired at Ukraine during the attack, as well as drones, the Ministry said.
The Saudi-led coalition says it has carried out a series of military operations against Houthi targets in Yemen after attacks on two Saudi airports left three people dead and dozens injured.
Azerbaijan and the five Central Asian states have signed two key documents at the 8th Consultative Meeting of Heads of State in Turkmenbashi, formalising a broader framework for regional cooperation in transport, trade, energy, digitalisation and security.
An investigation into August Hanning, the former head of Germany’s Federal Intelligence Service (BND), has no connection to Azerbaijan, informed sources have told AnewZ.
Uzbekistan and Russia have a portfolio of more than 200 joint projects worth almost $6 billion, as the two countries continue to expand regional and business ties. The projects were discussed during the third meeting of the Council of Regions of Russia and Uzbekistan, held in Fergana, Uzbekistan.
In the marshlands of Malluba in southern Azerbaijan, Kamil Mammadov follows a routine that has been passed down through generations. His family has worked with medicinal leeches for centuries, harvesting and breeding a species known as Hirudo orientalis, or the Caucasian medicinal leech.
Baku is hosting the second Azerbaijan International Investment Forum (AIIF 2026) and it’s attracting more interest this year, Azerbaijan’s Deputy Prime Minister told AnewZ. “The agenda is very impressive. More guests, more interest,” he said.
Warren Buffett has stepped down as chairman of Berkshire Hathaway, marking the end of one of the most influential leadership tenures in corporate history and completing a succession process that has been years in the making.
Nigerian billionaire Aliko Dangote launched Africa's biggest-ever share sale on Monday, opening the oil refinery that has remade the country's fuel market to public ownership for the first time.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment