LNG

July 5 (LNGJ) - The Norwegian Oil Industry Association has imposed a lockout on all trade union strikers who have been involved in work stoppages for 11 days that have cost energy company Statoil hundreds of millions of dollars. Statoil is operator of Europe's only base-load LNG plant at Hammerfest, though the feed-gas comes from the Snohvit field in the Barents Sea. "Statoil is planning a controlled shutdown of North Sea production and return of personnel to land from Monday 9 July," the company said.