Equinor expands LNG footprint with PTT Trading deal
Equinor signed its first long-term LNG deal with PTT Trading/PTT International, targeting ~7 Mtpa LNG by 2030, while continuing share buybacks and fuel sales and citing other supply/production updates including Bacalhau and Sverdrup crude to Orlen.
Equinor ASA Sponsored ADR (OSL:EQNR) is expanding its fuel and LNG footprint, signing its first long-term LNG deal with PTT Trading/PTT International while targeting ~7 Mtpa LNG by 2030. The company said it is also growing production at Bacalhau, supplying Sverdrup crude to Orlen and continuing share buybacks and fuel sales.