Sunday, October 19, 2014

Norway unable to supply extra gas to Europe (Energy Minister)

 Norway cannot be a sufficient alternative to Europe in case of a possible cut in gas supplies from Russia, Norway's Energy Minister has said.

According to Aftenposten newspaper, Norwegian Energy Minister Tord Lien sent a letter to European Union officials saying that Norwegian gas will not be an adequate source for Europe if Russia cuts off gas supplies.

There was no way to expand production capacity and to try to do so would overload the system, Lien said in the letter.

EU officials asked Norway, the second gas supplier of Europe after Russia, to report on its possible contribution to European gas flow in early July.


Norway and the EU discussed over the supply capacity of Norway in the case of a gas crisis of Europe during an energy conference on September 25.

Norway's natural gas production forecast for next year is 105 billion cubic meters (bcm) and 106 bcm for 2014.
www.aa.com.tr/en

19/10/14
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1 comment:

  1. Norway to increase gas supplies to Europe to 120 billion cu m per year...

    Norway has the possibility to increase gas supplies to the European market from 106 billion of cubic meters per year up to 120 billion cu m, Tord Lien, Minister of Petroleum and Energy of the Kingdom, told a media briefing.

    He emphasized that for Norway, there was possibility to increase gas supplies to Europe up to 120 billion of cubic meters per year. It is less than a quarter of European consumption. However, talking about possible increase of gas supplies, it should be taken into consideration that in winter their pipelines are limited in capacity.

    According to the minister, the best time to do so is in summer when gas demand in Europe is declining, and gas transmission system is not as busy as in winter.

    He pointed out that Norwegian companies “will do everything what is needed” to support their European partners. However, he said, these days Norway saw no evidence that Europe would face the “blue fuel” shortage that winter.

    Lien declared that all questions related to possible increasing of supplies would be issued by companies supplying gas to Europe from the Norwegian shelf.
    http://en.itar-tass.com/economy/755651
    21/10/14

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