Norway’s Equinor has signed a 15-year agreement for supplies of liquefied natural gas (LNG) to Indian fertilizer and petrochemical company Deepak Fertilisers. Deepak will use the gas mainly as feedstock for production of ammonia in its newly commissioned plant for manufacturing fertilizers and petrochemicals.
The agreement covers an annual supply of around 0.65 million mt (or 9 TWh) of LNG for 15 years starting from 2026.
Equinor’s global LNG portfolio is based on LNG from the Equinor operated LNG plant in Hammerfest, Norway, and LNG supply sourced mainly from the US.