Gassco, the Norwegian natural gas pipeline operator and one of the main competitors to LNG in Europe, said it transported record gas volumes to Germany in 2020.
The company said pipeline gas from the Norwegian Continental Shelf (NCS) played an important role in Europe’s energy supply.
Liftings of liquefied natural gas cargoes were buoyant during December with 438 shipments departing so far from liquefaction plants worldwide as North Sea Brent crude stayed firm, raising long-term LNG values, while North Asia spot prices were at just over $11.00 per million British thermal units for February deliveries.
Sept 8 (LNGJ) - Norway is celebrating its 40th anniversary as a natural gas exporter to Europe. The opening of the Norpipe pipeline on 8 September 1977 marked the start of Norwegian gas deliveries to European countries. The event was celebrated by Norwegian pipeline operator Gassco at an event in Emden in Germany. Gassco’s gas infrastructure and pipelines cover 8,800 kilometres and include process plants in Norway and terminals in Germany, Belgium, France and the UK. The 40-year-old Norpipe is a 440-kilometre gas pipeline that runs from the Ekofisk field in the Norwegian North Sea to Gassco’s terminal at Emden. “Norway has played an important role over 40 years in securing energy for Europe, and Norwegian gas will remain a key component in the European energy mix,” said Gassco Chief Executive Frode Leversund.