popular articles

Norwegian gas deliveries to be maintained at current levels

During the visit of the President of the European Commission and the Secretary General of NATO to the Troll field platform, Norway announced that it would maintain its gas deliveries at their current level.

Please share:

Norwegian gas deliveries will be maintained at their current level “for the next four or five years”, assures Norway, Europe’s leading gas supplier. The announcement was made by Norwegian Prime Minister Jonas Gahr Støre, who received on the offshore platform of the Troll field the President of the European Commission Ursula von der Leyen and the Secretary General of NATO Jens Stoltenberg. This visit was an opportunity to emphasize the importance of securing the oil and gas infrastructure in the North Sea, such as the Troll field.

Norwegian gas deliveries to Europe

Since the start of the war in Ukraine, Norway has become Europe’ s largest supplier of gas, making up for the reduction in Russian deliveries. Indeed, Norway increased its gas production last year and now covers between 30 and 40% of the continent’s needs.

The Troll field is Norway’s largest gas field and one of its largest oil fields. It alone supplies the equivalent of 10% of European gas consumption. The infrastructure of this field is vulnerable, as demonstrated by the sabotage of the Nord Stream gas pipeline in the Baltic Sea in September 2022.

Strengthening the security of the North Sea oil and gas infrastructure

The EU and Nato have set up a working group to strengthen the protection of their oil and gas infrastructure in the North Sea, following the sabotage of the Nord Stream pipeline in September 2022. The Atlantic Alliance also agreed to establish a coordination forum for the protection of maritime infrastructure.

To ensure the security of the oil and gas infrastructure in the North Sea, two Norwegian and German ships were cruising off the Troll platform during the visit of the President of the European Commission and the Secretary General of NATO. A maritime surveillance aircraft and a helicopter were also mobilized to monitor the platform.

Register free of charge for uninterrupted access.

Publicite

Recently published in

US ethane production is slowing despite record storage levels. New export facilities set for 2025 could reignite momentum and ease pressure on inventories.
Facing reduced domestic gas volumes, Indian gas distribution companies are increasing their purchases of regasified LNG, a move likely to raise costs for consumers.
Facing reduced domestic gas volumes, Indian gas distribution companies are increasing their purchases of regasified LNG, a move likely to raise costs for consumers.
Following the suspension of Russian gas deliveries to OMV, the Mukran LNG terminal offers exceptional backup capacity to cover Austria’s annual energy demand.
Following the suspension of Russian gas deliveries to OMV, the Mukran LNG terminal offers exceptional backup capacity to cover Austria’s annual energy demand.
Following a contractual dispute with Gazprom, Austria, which relied on 90% of Russian gas this summer, faces a supply halt. Despite the crisis, the country claims to have secured its energy supply.
Following a contractual dispute with Gazprom, Austria, which relied on 90% of Russian gas this summer, faces a supply halt. Despite the crisis, the country claims to have secured its energy supply.
North Macedonia strengthens its energy security with an agreement with SOCAR, aiming at the diversification of natural gas supplies and innovative projects like gas cogeneration.
Increase in Premiums for 2025 LNG Contracts Following Trump’s Victory
Increase in Premiums for 2025 LNG Contracts Following Trump’s Victory
The new European methane regulation is pushing the U.S. to strengthen the compliance of its LNG, paving the way for crucial dialogue between the two major players in the global energy market.
The new European methane regulation is pushing the U.S. to strengthen the compliance of its LNG, paving the way for crucial dialogue between the two major players in the global energy market.
Sinopec and TotalEnergies are negotiating a long-term LNG contract at under 12% of crude oil prices, an unprecedented threshold for Northeast Asia. The agreement includes seller-favorable flexibilities while remaining subject to finalization.
Sinopec and TotalEnergies are negotiating a long-term LNG contract at under 12% of crude oil prices, an unprecedented threshold for Northeast Asia. The agreement includes seller-favorable flexibilities while remaining subject to finalization.
With a net profit of $1.24 billion in Q3 2024, ADNOC Gas surpasses expectations and announces a growth strategy targeting a 40% increase in EBITDA by 2029, supported by $15 billion in investments.
The Norwegian Ministry of Energy has formalized an agreement to nationalize its pipeline network, buying shares from seven private owners and consolidating state control over a crucial strategic infrastructure.
The Norwegian Ministry of Energy has formalized an agreement to nationalize its pipeline network, buying shares from seven private owners and consolidating state control over a crucial strategic infrastructure.
Despite escalating tensions and the preparation of a Russian counteroffensive in the Kursk region, Russian gas flows to Europe via Ukraine continue as usual, according to data from GTSOU.
Despite escalating tensions and the preparation of a Russian counteroffensive in the Kursk region, Russian gas flows to Europe via Ukraine continue as usual, according to data from GTSOU.
Contract premiums for 380 CST fuel oil in Hong Kong fell in November due to weak demand and limited supply, influenced by improved weather conditions in China.
Contract premiums for 380 CST fuel oil in Hong Kong fell in November due to weak demand and limited supply, influenced by improved weather conditions in China.
After a slowdown in September due to maintenance, Norwegian gas exports to Northwest Europe reached 9.56 billion m³ in October, reflecting a market still vulnerable according to Equinor.
The transit of Russian gas through Ukraine may end in late 2024 if no agreement is reached between European buyers and Kyiv. This decision could increase pressure on the European energy market.
The transit of Russian gas through Ukraine may end in late 2024 if no agreement is reached between European buyers and Kyiv. This decision could increase pressure on the European energy market.
During a visit to Tokyo, Qatar’s Minister of Energy discussed the future of LNG supplies with Japanese companies, as several long-term contracts approach their expiration.
During a visit to Tokyo, Qatar’s Minister of Energy discussed the future of LNG supplies with Japanese companies, as several long-term contracts approach their expiration.
To meet growing demand, global gas liquefaction capacity could increase by 45% by 2030, supporting decarbonization goals in countries like India, which rely on natural gas for their energy transition.
To meet growing demand, global gas liquefaction capacity could increase by 45% by 2030, supporting decarbonization goals in countries like India, which rely on natural gas for their energy transition.
After a drop due to maintenance in September, Norwegian gas exports to Northwest Europe increased by 49% in October, a sign of sustained demand despite an uncertain market.
Thanks to significant gas projects, Guyana and Suriname could supply up to 12 million tonnes of LNG per year by the next decade, offering a competitive alternative in the global market.
Thanks to significant gas projects, Guyana and Suriname could supply up to 12 million tonnes of LNG per year by the next decade, offering a competitive alternative in the global market.
Adnoc signs a historic agreement with SEFE to secure Germany's LNG supply
Adnoc signs a historic agreement with SEFE to secure Germany's LNG supply
The new Northern Natural Gas Pipeline connects shale gas resources from Neuquén to northern Argentina, aiming to reduce imports and open up export opportunities.
The new Northern Natural Gas Pipeline connects shale gas resources from Neuquén to northern Argentina, aiming to reduce imports and open up export opportunities.
The White House calls on an appeals court to suspend the obligation to lift the moratorium on liquefied natural gas (LNG) export permits imposed by a Louisiana court.
Algeria strengthens its position in the European energy market with a new agreement between Sonatrach and ČEZ Distribuce for the supply of natural gas, meeting the Czech Republic's growing demand for energy diversification.
Algeria strengthens its position in the European energy market with a new agreement between Sonatrach and ČEZ Distribuce for the supply of natural gas, meeting the Czech Republic's growing demand for energy diversification.
TotalEnergies signs a deal to supply 2 million tons of LNG to Sinopec over 15 years
TotalEnergies signs a deal to supply 2 million tons of LNG to Sinopec over 15 years
Record Volumes for LNG Futures in October on ICE
Record Volumes for LNG Futures in October on ICE

Advertising