Var Energi ASA has extended the long-term agreement for delivery of up to five billion cubic meters (bcm) natural gas to VNG Handel & Vertrieb GmbH over a 12-year period. Under the terms of the agreement, Vår Energi will deliver up to five bcm of gas over the time period 2024-2036. The volumes will be delivered at the gas terminals in Emden and Dornum in Germany and will be priced at market terms.