Norway to export 122 bcm of gas to Europe - minister - Breaking The News

Norway to export 122 bcm of gas to Europe - minister

9 May

1 min read

Norwegian Minister of Petroleum and Energy Terje Aasland said on Monday that the ministry expects to deliver 122 billion cubic meters of gas to Europe this year, potentially breaking the record of 117 billion cubic meters exported in 2017.

"Europe may need us more now than ever before," noted the minister during the conference in Sandefjord. Aasland explained Norway will maximize exports of gas in order to meet the high demand in Europe in the best way possible. The minister added the exports will also include volumes of liquefied gas produced at the Melkoya plant.

Norwegian Petroleum Directorate reported that a gas export of 122 billion cubic meters represents an increase of 8% compared to the year before, amounting to 6% more than the estimated figures in January.

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