Equinor transfers gas storage portfolio to Danske Commodities

LONDON (Reuters) - Oil and gas producer Equinor will transfer a 30 terrawatt hour gas storage portfolio to its subsidiary trading company Danske Commodities (DC), the firm said on Thursday.The portfolio consists of gas storage contracts in four European markets which will be transferred gradually subject to approval by storage operators. It is equivalent to the annual electricity consumption of Denmark. With its increased portfolio, Danske Commodities will continue to help its clients balance..