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Norway’s minister doubts 2016 natural gas exports will match last year

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Staff Writer | November 12, 2016
Norway may not match last year’s record natural gas exports of 115 Bcm in 2016, the country’s energy minister said.
Tord Lien
Energy   You can not have records every year
But Oslo is confident of its projections of average annual exports of 100 Bcm over the next 20 years.

In a wide-ranging interview with S&P Global Platts in London, Tord Lien said Norwegian gas exports would remain high in the future through careful exploitation of the vast resources on the Norwegian Continental Shelf.

“I’m not sure if this year we’ll be able to beat last year, but it’ll be in that range,” Lien said, when asked if supplies would be higher than 2015’s record 115 Bcm.

“You can’t have records every year,” he said.

Given the system’s downtime each year for planned maintenance, there would always be a variable impact on overall annual flows, he added. But, Lien said, given the current technical capacity of the Norwegian gas system of some 130 Bcm/year, “when you are exporting 115 Bcm, that means everything is running smoothly.”


 

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