Equinor Begins 15-Year LNG Supply Contract with India
Norwegian energy major Equinor ASA (OSL:EQNR) delivered its first shipment of liquefied natural gas to Gujarat, India, marking the commencement of a 15-year supply agreement. The milestone highlights a broadening energy partnership between Norway and India as commercial trade activity expands following the launch of the India-EFTA Trade and Economic Partnership Agreement.
The deal comes as bilateral cooperation expands across clean technology, green hydrogen, offshore wind, and maritime transport. Beyond energy, trade between the two nations has seen measurable growth in other sectors. Norwegian seafood exports to India rose 24% by value from October 2025 to August 2026 compared to the prior year, driven by a 143% surge in salmon shipments. Approximately 160 Norwegian companies currently operate in India.
Investors will monitor how Equinor ASA and its Indian partners advance further joint projects in renewable power and low-carbon tech. Observers will also track whether expanded trade access under the bilateral economic agreement continues to drive commercial opportunities for foreign businesses operating in Indian markets.
Key points
- Equinor ASA (OSL:EQNR) delivered its first LNG cargo to Gujarat, starting a 15-year supply agreement with Indian partners.
- Norway and India are expanding energy cooperation into renewables, green hydrogen, offshore wind, and green shipping.
- Norwegian seafood export value to India increased 24% between October 2025 and August 2026, with salmon exports rising 143%.
- Approximately 160 Norwegian companies are currently conducting business in India.
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How we writeDisclaimerQuestions and answers
What is Equinor's new agreement in India?
Equinor ASA has started a 15-year LNG supply agreement with Indian partners, delivering its first cargo to Gujarat earlier this year.
How has trade between Norway and India grown recently?
Norwegian seafood export value to India grew 24% between October 2025 and August 2026, including a 143% increase in salmon exports under the EFTA trade agreement.
Which sectors are Norway and India focusing on for future energy cooperation?
The two countries are expanding cooperation in renewable energy, green hydrogen, offshore wind, low-carbon solutions, and green shipping.