Statkraft and Norske Skog Skogn have entered into a new long-term industrial energy agreement, which together with previous contracts, will secure large parts of the mill's energy supply on competitive terms until 2030.Previously, Norske Skog Skogn had an energy contract with Statkraft corresponding to annual deliveries of around 0.9 TWh, which expires at the end of 2026. With the new energy contract, Norske Skog Skogn will secure almost the entire energy demand up to 31 December 2028, as well as parts of the demand until 2030. The new agreement with Statkraft will ensure the delivery of a total of 2.9 TWh over the contract period, and will enter into effect on 1 January 2024. To reduce currency exposure, the agreement has been entered into in euros. With this, the Norske Skog group is well covered with energy agreements in Norway.Norske Skog is a world leading producer of publication paper with strong market positions and customer relations in Europe and Australasia. The Norske Skog Group operates four mills in Europe, two of which will produce recycled containerboard following ongoing conversion projects. In addition, the Group operates one paper mill in Australia.