Gassco: Norwegian gas exports to Europe hit record

Gassco: Norwegian gas exports to Europe hit record

Exports of Norwegian gas within Gassco’s operatorship to Germany, Belgium, France and the UK hit record volumes in 2016, reaching 108.56 billion standard cubic meters. 

By comparison, 108.44 billion scm of gas were exported from the Norwegian continental shelf in 2015 to European buyers via these four countries, the operator said in its statement on Tuesday.

“Deliveries show that European demand for Norwegian gas is higher than ever,” Frode Leversund, CEO of Gassco, said.

Average regularity for the transport system during 2016 was 99.71 per cent, compared with 99.38 per cent the year before.

In addition to the increased gas exports, deliveries of natural gas liquids (NGL) and condensate from the Gassco-operated process plants at Kårstø and Kollsnes (via Vestprosess) in western Norway also rose in 2016.

They reached a total of 10 million tons, compared with 9.6 million tons the year before, Gassco said.

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