Equinor has set out an ambition to expand its liquefied natural gas supply to between 10 million and 15 million metric tonnes per year in the early 2030s, a company plan reported on 18 September 2026.
The Norwegian producer intends the expansion to meet demand from markets in Europe and Asia, the report said, placing the company among suppliers positioning capacity for the next decade.
Target volumes and timing are concise: the range of 10–15 million metric tonnes per year is the goal and the window specified is the early 2030s. The scale described would represent a substantial addition to a single producer's portfolio, according to the published item.
Sources also reported that Equinor expects to announce a second LNG supply agreement with an Asian customer during the week of 18 September 2026. The outlet attributed the detail to comments made by senior executives, without providing further names or commercial terms in the note made available for verification.
The announcement frames the expansion as a response to continuing European and Asian demand. The source summary identified those two regional markets specifically as the focus for the planned growth.
Scale and market focus
The stated target band of 10–15 million metric tonnes per year is the key numerical commitment in the report; the phrasing in the item indicates the company is planning capacity growth rather than specifying the mix of long‑term contracts or spot sales that will underpin it.
The timeline given, the early 2030s, provides a clear planning horizon but does not specify milestone years or a breakdown of when different tranches of supply would come online.
Customer deals and near‑term announcements
According to the published report, a second supply agreement with an Asian buyer was expected to be disclosed in the week of 18 September 2026. No counterparties, contract lengths or volumes were set out in the notes made available for verification.
The source attributed the information to senior company executives. Beyond the single reference to an imminent agreement, the item did not list additional confirmed contracts or project names.
A brief factual summary
• Target supply: 10–15 million metric tonnes per year.
• Timeframe: early 2030s.
• Market focus: Europe and Asia.
• Near‑term event: a second LNG supply agreement with an Asian customer expected in the week of 18 September 2026, as reported.
The reported intention to expand LNG supply will be watched by charterers, traders and shipping operators tracking cargo flows and contractual cover into the 2030s. The published note links the move directly to demand prospects in two of the world’s largest regional gas markets but does not detail how the volumes will be sourced or allocated across contract types.
Sources carried the report on 18 September 2026. The item cited remarks by senior executives as the basis for the targets and for the expectation of a near‑term Asian supply agreement, but it did not include direct quotations or contract particulars in the material supplied for verification.