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Transactions - DECEMBER 17, 2021

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Consortium to supply natural gas in Canada

by Kali Persall

A consortium of energy companies, composed of Uniper, Vermilion Energy and Rockpoint Gas Storage, has finalized a natural gas supply agreement.

Uniper will offtake EO100-certified natural gas from Vermilion Energy and manage supply to Access Gas Services, a wholesale supplier that provides natural gas and related services to commercial, industrial and institutional customers in Canada.

The supply agreement is the first of its kind for Rockpoint and Uniper.

“Demand for transparency in energy production practices and alignment with Environment, Social and Governance principles is on the rise,” said Rob Van Horne, head of North American gas origination at Uniper. “We believe natural gas transactions validated by credible certification standards are the wave of the future, and we're pleased to be working with two forward-thinking organizations on this one.”

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