LNG

Norway’s Equinor has received approval for the development of three more fields in the Norwegian Continental Shelf to supply Europe, including the fast-track Irpa natural gas field to supply several million UK households with gas for seven years in competition to LNG cargoes.

Norwegian gas network company Gassco said natural gas has now begun flowing through the Polarled pipeline, opening up a completely new province of pipeline gas supply to Europe from Norway in competition to LNG.

Gassco, the Norwegian natural gas pipeline operator and one of the main competitors to LNG, hit a record for summer season deliveries to Europe and will soon be opening its new Polarled pipeline to carry even more volumes from the Norwegian Continental Shelf.