When the world’s top gas traders met in late April at a canal-side hotel on the outskirts of Amsterdam, the atmosphere was business-as-usual: coffee, croissants and wrangling over deals for the upcoming winter. Then came news of a leak at Europe’s biggest liquefied natural gas plant, located above the Arctic circle in Norway.
Natural gas supplies from Norway may potentially reach a fresh record this year as the country works to reduce its maintenance schedule across its facilities.
Norway’s oil industry safety body has given Gassco until the end of the month to say how it will address potential hazards detected at its Karsto gas processing facility at Tysvaer.
Statoil has awarded the NOK1.1billion 10-year contract for insulation, scaffolding and surface treatment maintenance services at Sture and Kollnes to services company Prezioso Linjebygg.
Norway’s natural gas pipeline manager and the nation’s power grid are at odds over whether a solitary electricity cable across 75 miles of fjords and rugged mountains is enough to ensure supply to a processing plant that helps warm millions of European homes every winter.