Equinor sees no return of Russian gas to Germany any time soon

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, Feb 8 (Reuters) - Equinor, Europe's largest gas supplier, does not expect Russian gas supplies to Germany to resume in the medium-term, the Norwegian company said on Wednesday. "Do we expect Russian gas to come back to Germany? I would say 'no', today, but we also know that politics change," Irene Rummelhoff, Equinor's head of trading and refining, told an investor presentation in London. "We have no assumptions in our models for Russian gas volumes coming back to Germany in the next 3-4 year ... It's very unlikely that it will (come back to) the German market any time soon," she added. (Reporting by Nora Buli, writing by Nerijus Adomaitis, editing by Terje Solsvik)

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