Equinor to acquire liquefied natural gas assets of Cheniere Energy.

Equinor, a petroleum refining company, agreed to acquire liquefied natural gas assets of Cheniere Energy, a liquefied natural gas company. Financial terms were not disclosed. “I am very pleased that we have entered into a long-term agreement with Cheniere, the US’ largest producer of LNG. Based on our production in Norway, Equinor is the second largest supplier of pipeline gas to Europe. The new LNG agreement is a major building block in Equinor’s ambition to further strengthen our global gas position by adding more LNG to the portfolio. LNG will play a crucial role in providing energy security. By increasing our position in this segment, we will be even better positioned as a long-term reliable supplier of energy," Helge Haugane, Equinor Senior Vice President.