Equinor increases gas exports to supply European market

Equinor increases gas exports to supply European market
# 20 September 2021 16:51 (UTC +04:00)

Equinor and its partners have received permission to increase gas exports from two fields on the Norwegian continental shelf to supply the tight European market. Production permits for the Oseberg and Troll fields have each been increased by 1 billion cubic meters (bcm) for the gas year starting 1 October, APA-Economics reports citing Equinor.

Already in June, Equinor took steps to evaluate and develop concepts for enhancing the production and exports to the European market. This work resulted in enhanced production permits from the Ministry of Petroleum and Energy for the Oseberg and Troll fields.

Specifically, Equinor and its partners have received production permits for the gas year 2021 (starting 1 October) which for each is 1 bcm higher than for the current year, i.e. an increase from 5 bcm to 6 bcm for Oseberg and from 36 bcm to 37 bcm for Troll.

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THE OPERATION IS BEING PERFORMED