Norway’s Equinor boosts feed gas for Hammerfest LNG plant and sees production lasting for decades
Equinor, the Norwegian oil and gas company, is boosting the feed-gas supplies from another field in the Barents Sea to produce more LNG from the Hammerfest plant on Melkøya Island in northern Norway.
Equinor revenues hit $36Bln in new role as premier European gas supplier ahead of Hammerfest LNG restart
Equinor, the Norwegian major and owner of Western Europe’s only baseload liquefaction plant at Hammerfest in Northern Norway, more than doubled first-quarter revenues and income from soaring oil and gas prices to $36.39 billion from $17.59Bln in the same quarter of 2021 as it is set to partially replace Russia as the principal regional supplier.
Leading pipeline and LNG player Norway also shows Europe way forward on carbon capture and storage
Norway, Western Europe’s biggest supplier of pipeline natural gas in competition to LNG, approved the go-ahead for the Northern Lights project, enabling the capture and sequestration of carbon-dioxide 2,600 metres below the seabed in geological strata to hand-off criticism of the fossil fuel industry.
