Norway’s Gas Exports Hit Summer High; Pipeline System Sets Record
By Lefteris Karagiannopoulos, Reuters
OSLO (Reuters) – Norway’s gas exports hit a new high of 36.8 Bcf this summer and the annual deliveries will be on a par with the record annual figure achieved in 2017, gas system operator Gassco said Friday.
Gassco transported 117.4 Bcm through pipeline systems from Norway to continental Europe and Britain during 2017. This was the highest volume sold in 40 years of Norwegian gas exports.
Exports to Germany via the Emden terminal, which became operational in 2016, made a strong contribution to this summer’s record deliveries, Gassco added.
Between May and August, which is normally a season with fewer gas exports, Norway’s deliveries almost matched a normal winter level as European importers needed to refill depleted gas storages which drained during last year’s cold winter.
“It’s too early to say exactly where we’ll end up this year, but we expect another good performance which will be roughly on a par with the 2017 record,” Gassco Chief Executive Frode Leversund said.
“Not only has Norway’s continental shelf delivered larger volumes than before, but the transport system has also handled these increased quantities well,” said Leversund.
Later this year, Norway will open its new Polarled pipeline to carry more gas from its Aasta Hansteen field in the Norwegian Sea, said Gassco.
“As operator of both Polarled and Nyhamna, we expect great interest in this region from a number of players. Our strong summer deliveries strengthen that belief,” it said.
Aasta Hansteen is expected to start sending gas to Gassco’s Nyhamna processing plant from October, Equinor said earlier this year.
Related News
Related News
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- TC Energy Approves $900 Million Northwoods Pipeline Expansion for U.S. Midwest
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- Enbridge Adds Turboexpanders at Pipeline Sites to Power Data Centers in Canada, Pennsylvania
- Great Basin Gas Expansion Draws Strong Shipper Demand in Northern Nevada
- Cheniere Seeks FERC Approval to Expand Sabine Pass LNG Facility
- Heath Consultants Exits Locate Business to Expand Methane Leak Detection Portfolio
Comments