Norway maintains strong gas supply to Europe

Jan. 23, 2023
Norway’s gas trunkline systems operator Gassco exported a total of 116.9 Bcm through pipelines to countries in Europe last year.

Offshore staff

KØPERVIK, Norway  Norway’s gas trunkline systems operator Gassco exported a total of 116.9 Bcm through pipelines to countries in Europe last year.

Germany imported 11% more gas from Norwegian fields (almost 54.8 Bcm) compared with 2021.

“We usually deliver less gas during the summer months than in winter, but last year’s exports were at near-winter level all the year through,” said Gassco CEO Frode Leversund.

In addition, Germany and Norway agreed to support a feasibility study into establishing a hydrogen value chain. One subject under scrutiny is transporting hydrogen by pipeline from Norway to Germany, with evaluations due to finish this summer.

Last year, the overall level of activity on the Norwegian Continental Shelf was high, Gassco added, much of it down to the fiscal relief package adopted by the Norwegian parliament to support the country’s oil and gas industry during the pandemic and periods of low oil prices.

These measures mean the European market can count on stable and secure deliveries of Norwegian gas for the foreseeable future, Gassco added.

And the opening last September of the Baltic Pipe connects Poland directly to the existing gas pipelines between Norway and continental Europe, also strengthening the security of supply to Poland, Denmark and other countries next to the Baltic Sea.

01.23.2023

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