Equinor owns Denmark's largest oil refinery, Kalundborg, through Equinor Refining Denmark AS. We also own Danske Commodities, a leading energy trading house specialising in electricity and gas.
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In 2019, Equinor acquired Danske Commodities, a leading energy trading house. Danske Commodities trades power and gas across borders and uses its market knowledge and trading setup to support customers including renewable producers, conventional asset producers and energy suppliers.
The EUR 400 million acquisition of Danske Commodities (DC) supports our development as a broad energy company and strengthens our ability to capture value from our production of renewable electricity.
DC’s market presence and expertise in energy trading also complements our position as the second-largest supplier of natural gas to Europe and as one of the world’s largest net-sellers of crude oil.