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Stock impact report

Germany's SEFE Is Looking for More Gas Before Privatization [Yahoo! Finance]

Equinor ASA (EQNR) 
Last equinor asa earnings: 2/6 12:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
before being privatized later this decade, according to Chief Executive Officer Egbert Laege. Most Read from Bloomberg SEFE, or Securing Energy For Europe GmbH, was created after Russia invaded Ukraine in 2022 when Berlin nationalized the German operations of Gazprom PJSC. During the tumultuous period that followed — with Germany scrambling to replace the Russian gas that had met more than half its needs — it was cut off from supply but was later able to reinstate a long-term contract to buy liquefied natural gas from Yamal LNG in the Arctic region. The company, which mainly provides gas to large customers and has a share of almost one-eighth of the western European market, has signed deals with various global LNG producers to keep gas flowing to Germany and avoid being overly reliant on one supplier. It is also talking to countries including Azerbaijan for pipeline gas, Laege said in an interview at the Gastech conference in Houston. “We made very good progress in building up Show less Read more
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