OB:EQNROil and Gas
The Bull Case For Equinor (OB:EQNR) Could Change Following New ORLEN Crude Supply Deal Expansion
Earlier this month, Equinor ASA agreed a three-year deal starting in September to supply between 5 million and more than 9 million tonnes of Johan Sverdrup crude annually to Poland’s ORLEN refineries in Poland, Lithuania and the Czech Republic.
The agreement extends Equinor’s role in Central European energy security by deepening its existing oil, gas and renewables relationship with ORLEN and providing the refiner with a longer-term supply option as the region diversifies away from previous...