Southwestern Energy Agrees to RSG Supply Deal with Germany’s Uniper

Southwestern Energy entered a multiyear agreement to supply Germany’s Uniper North American subsidiary with responsibly sourced gas produced from its Appalachia and Haynesville shale positions.

Pietro Donatello Pitts, Hart Energy
Southwestern Energy Agrees to RSG Supply Deal with Germany's Uniper

Southwestern Energy expanded its company-wide certification and continuous monitoring of its production as RSG in February to include both its Appalachia and Haynesville shale positions. (Source: Hart Energy)

U.S.-based shale gas producer Southwestern Energy Co. on June 14 signed a certified responsibly sourced gas (RSG) supply agreement with the North American subsidiary of German utility company Uniper.

The deal represents Uniper’s first RSG transaction in the U.S. and its second in the North American market. The agreement also shows that despite a gas buying frenzy in Europe, many countries are still seeking “environmentally responsible solutions,” FTI Consulting told Hart Energy in an email response.

“We believe natural gas is foundational to a low-carbon future, and that U.S. natural gas, in particular, plays a vital role in supporting global energy supply and security,” Southwestern Energy President and CEO Bill Way echoed in a company release.

Already have an account? Log In

Sign up for FREE access to view this article now!

Unlock Free Access