• Natural Gas News

    Norway's Piped Gas Exports Down 6.3% in 2019

Summary

Norway reduced production for a mix of practical and commercial reasons last year.

by: Joseph Murphy

Posted in:

Natural Gas & LNG News, Europe, Premium, Corporate, Import/Export, Infrastructure, Pipelines, News By Country, Norway

Norway's Piped Gas Exports Down 6.3% in 2019

Gassco, operator of the pipelines that pump Norwegian gas to Europe, reported on January 10 it had shipped nearly 107bn m3 of gas to markets in 2019.

The company’s deliveries hit 114.2bn m3 in 2018 – a year that ranked as one of the best ever for Norwegian exports.

Norwegian gas production disappointed last year owing to lengthy and sometimes unscheduled maintenance at key fields. Equinor also held back some supply because of low prices, while competing LNG imports to Europe reached a record 76mn mt.

“Even in a year with a big rise in European imports of LNG, Norway’s gas deliveries were well above the average for the past decade,” Gassco CEO Frode Leversun said.

Deliveries of NGLs and condensate from processing plants in Karsto, Kollsnes and Nyhamna totalled 10.1mn mt in 2019, Gassco said. Norway also exports gas to global markets in the form of LNG, which does not go through the Gassco system.