21 NOVEMBER 2025 – Equinor and the Capital City of Prague’s gas and electricity company Pražská plynárenská have signed a long-term agreement for 10 years of gas supplies into the Czech Republic. Deliveries have started and will last until 2035.
Equinor’s supplies of pipeline gas to Europe are backed by the resources on the Norwegian continental shelf, Europe’s most important energy province. Pražská plynárenská will use the gas to supply households and businesses in Prague and other parts of the country with heat, electricity and natural gas.
“I am excited that we have made this agreement with Pražská plynárenská and that we now provide energy to homes and enterprises in the Czech Republic. This joins a string of long-term gas contracts we have signed across Europe in recent years, demonstrating the role gas plays for European energy security”, says CEO Anders Opedal.
Pražská plynárenská will use the gas to supply households and businesses in Prague and other parts of the country with heat, electricity and natural gas.
Photo: Ole Jørgen Bratland/©Equinor
“This step will significantly strengthen the stability and reliability of natural gas supplies for Pražská plynárenská’s customers, and its scope will cover, among other things, a significant part of the total consumption of households supplied with natural gas by our company,” says Ludvík Baleka, Chairman of the Board of Directors of Pražská plynárenská.
While Equinor’s main gas markets have been in Northwest Europe and the UK, the company has during the last decade expanded its reach to include supplies to the Baltics and Poland and now sees a growing market potential among customers in Central and Southern Europe.
The agreement lasts until 1. October 2035 and Equinor will deliver the gas at the Czech hub. Information on volumes, terms and conditions are confidential between the parties.
About Pražská plynárenská
Pražská plynárenská is a key domestic energy supplier in the Czech Republic whose priority is to provide customers with reliable and value-adding products and services.
Its competitiveness is based on the strong backing through the ownership the Capital City of Prague. Its subsidiary Pražská plynárenská Distribuce is the operator of the gas distribution system in Prague and its surrounding area, covering almost 4,500 kilometres of gas pipelines.
Another subsidiary, Prometheus, is a rapidly growing supplier of heat and related comprehensive services and is a partner of the Capital City of Prague in implementing its Climate Plan.