Equinor to Increase Natural Gas Supply to Europe Throughout the Summer

Equinor to Increase Natural Gas Supply to Europe Throughout the Summer

Equinor and its partners together announced that they will intensify their production to meet the gas demand in Europe during the summer months.

The company elaborated the adjusted permits from Norway’s Ministry of Petroleum and Energy will allow high production levels from the Troll, Oseberg, and Heidrun fields to be maintained throughout the summer season.

“Our focus is to maintain safe and efficient operations on our facilities, remaining a reliable supplier of energy to the markets in Europe in a highly challenging situation. In close dialogue with the authorities and our partners we are now taking steps to maintain the high production level from the winter,” says Kjetil Hove, executive vice president, Exploration & Production Norway.

The company elaborated that the adjusted permits will allow the Oseberg field to increase its gas exports by around 1 billion cubic meters (bcm) in the period up to 30 September. It will also allow the Heidrun field gas exports to increase by 0.4 bcm for the calendar year 2022.

“The adjustment of the permits also increases the robustness of the production on the fields exporting via the Kollsnes processing plant, as the Troll production can be increased by up to 1 bcm of gas in the event of loss of production on other fields in the area,” Equinor said.

Commenting on that, Irene Rummelhoff, executive vice president, Marketing, Midstream & Proc Said “In this highly challenging situation we do our utmost to deliver as much as possible to our customers, enabling them provide homes and companies with gas. We are pleased that we, together with the authorities, our partners and Gassco, now ensure that we can export more gas this summer, while increasing the robustness of gas exports”

 

 

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