Equinor ASA EQNR, the Norwegian energy giant, and Centrica plc, owner of British Gas, have inked a £20 billion gas supply agreement for 10 years starting Oct. 1, 2025. Under the terms of the deal, Equinor will supply 55 terawatt-hours (TWh) of natural gas annually,

Equinor has signed a significant contract with Centrica to supply the UK with natural gas over the next decade, valued at approximately £20bn ($27.11bn). The deal secures the supply of 55 terawatt-hours (TWh) of natural gas per year,

I am very pleased to strengthen the energy partnership with the UK and our longstanding partner and customer Centrica,' Equinor President and CEO Anders Opedal said.