{"id":1741,"date":"2018-09-30T15:29:31","date_gmt":"2018-09-30T15:29:31","guid":{"rendered":"http:\/\/euromenaenergy.com\/?p=1741"},"modified":"2018-09-30T15:29:31","modified_gmt":"2018-09-30T15:29:31","slug":"oil-producers-in-norways-arctic-seek-new-options-for-gas-export","status":"publish","type":"post","link":"https:\/\/emimer.com\/?p=1741","title":{"rendered":"Oil producers in Norway\u2019s Arctic seek new options for gas export"},"content":{"rendered":"<div class=\"subtitel col-lg-12\">\n<p>Bloomberg\/Oslo<\/p>\n<\/div>\n<p>A group of oil companies led by Equinor ASA is taking a new look at options for exporting natural gas from the isolated Barents Sea in Norway\u2019s Arctic.<br \/>\nThe nine companies in the group have asked Gassco AS, operator of Norway\u2019s gas-export infrastructure, to assess options, including increasing existing capacity for liquefying gas and building a new pipeline, spokeswoman Lisbet Kallevik said by email. The study will include cost estimates for different capacity levels, she said.<br \/>\nFinding solutions to export gas from the Barents has engaged the industry for years. The region is considered Norway\u2019s most prospective with potentially more than half of the nation\u2019s undiscovered oil and gas resources, but a lack of transport infrastructure poses challenges. It isn\u2019t connected to the rest of Norway\u2019s pipeline network, and the only existing gas project liquefies the fuel from the giant Snohvit field, which is then exported by ships.<br \/>\nA 2014 study by an industry group, published by Gassco, concluded that known gas resources in the Barents Sea weren\u2019t sufficient to justify investments in new transport infrastructure. No significant discoveries have been made since then. But oil fields like Eni SpA\u2019s Goliat has started, Equinor\u2019s Johan Castberg will do so by 2022 and Lundin Petroleum AB\u2019s Alta is nearing development. These also have gas resources, but no infrastructure to export it. Besides Equinor, the other companies in the group are Total SA, Aker BP ASA, Deutsche Erdoel AG, Eni, Lundin, Neptune Energy Group Holdings Ltd, OMV AG and the Norwegian government\u2019s wholly owned Petoro AS, Kallevik said. She was confirming an earlier report by weekly newspaper Upstream.<br \/>\nEquinor declined to comment on the study.<br \/>\nThe group\u2019s initiative comes after Equinor, the dominant company in Norway\u2019s oil industry, said it\u2019s exploration efforts would specifically start targeting new gas deposits.<br \/>\nEuropean demand for the cleaner-burning fuel has grown in the past years, and Norway\u2019s exports, which cover about a quarter of the continent\u2019s needs, hit a record in 2017.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg\/Oslo A group of oil companies led by Equinor ASA is taking a new look at options for exporting natural gas from the isolated Barents Sea in Norway\u2019s Arctic. The nine companies&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1753,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[46,57,90,96,107,137,139,160,174,184,201,202,209,232,233,244,246,249,256,267,277,279,288],"class_list":["post-1741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-aramco","tag-baroudi","tag-democracy","tag-doha","tag-embargo","tag-gas","tag-gazprom","tag-international-maritime-disputes","tag-lebanon","tag-maritime-disputes","tag-offshore","tag-oil","tag-opec","tag-putin","tag-qatar","tag-rosneft","tag-roudi","tag-russia","tag-saudi","tag-straddling-hydrocarbons-reserves","tag-total","tag-trump","tag-usa"],"_links":{"self":[{"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/posts\/1741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1741"}],"version-history":[{"count":0,"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/posts\/1741\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/media\/1753"}],"wp:attachment":[{"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}