Equinor gets permission for increasing gas exports to supply Europe

Equinor gets permission for increasing gas exports to supply Europe

24 Sep 2021

Equinor and its partners have received permission to increase gas exports from two fields on the Norwegian continental shelf to supply the tight European market.

Production permits for the Oseberg and Troll fields have each been increased by 1 billion cubic metres (bcm) for the gas year starting on 1 October.

In June Equinor took steps to evaluate and develop concepts for enhancing the production and exports to the European market. This work resulted in enhanced production permits from the Ministry of Petroleum and Energy for the Oseberg and Troll fields.

Specifically, Equinor and its partners have received production permits for the gas year 2021 (starting 1 October) which for each is 1 bcm higher than for the current year – an increase from 5 bcm to 6 bcm for Oseberg and from 36 bcm to 37 bcm for Troll.

After 25 years of significant gas exports from Troll, around 50% of the gas is left in the ground. To further develop the Troll area and reinforce its ability to secure gas deliveries to Europe in the coming decades, Equinor has recently completed the Troll Phase 3 project which will extend the life of Troll A and the Kollsnes processing plant beyond 2050, and the plateau production period by 5-7 years.

For more information please visit EICDataStream.

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