Lower-Carbon Gas Supply Agreement for Netherlands

Equinor and Eneco have entered into a five-year agreement for the supply of natural gas to the Netherlands, combining physical gas deliveries with independently tracked guarantees of origin to reduce reported greenhouse gas emissions.

Agreement scope and delivery framework
Under the agreement, Equinor will supply up to 0.5 billion cubic meters (bcm) of natural gas per year to Eneco, with deliveries injected into the Dutch gas grid from 1 February. The five-year duration provides Eneco with medium-term supply stability while supporting portfolio optimization in a market characterized by supply diversification and emissions reporting requirements.

The volumes will contribute to Eneco’s gas supply for residential, commercial, and district heating customers across the Netherlands, where gas remains a key component of the energy mix during the transition to lower-carbon systems.

Greenhouse gas footprint of supplied gas
The supplied volumes are characterized as having a lower-than-average greenhouse gas footprint compared with other gas sources delivered to Europe. This is attributed to production and transportation on the Norwegian continental shelf, where upstream operations benefit from relatively low emissions intensity due to electrification, operational efficiency, and shorter transport distances to European markets.

While the agreement does not alter the physical composition of the gas, it links supply to verified emissions data, enabling differentiation based on upstream carbon intensity.

Guarantees of origin and emissions tracking
In addition to physical gas deliveries, Equinor will transfer guarantees of origin—referred to as “sustainability qualities”—to Eneco. These attributes are handled via a digital platform operated by Attributes SAS, which provides independent tracking of emissions data.

The platform traces Equinor’s reported emissions data, as submitted to and published by Norwegian authorities, through to Eneco. This mechanism enables Eneco to reflect the lower upstream emissions intensity in its reported CO₂ emissions, supporting transparency and auditability.

According to Eneco, the agreement is expected to reduce its reported CO₂ emissions by more than 10%, demonstrating the impact of combining physical supply with verified emissions attributes.