Record Gas Production from Norwegian Shelf in January
by Norwegian Petroleum Directorate
|
Press Release | Friday, March 16, 2012 | 1:35 AM EST
January saw 395 million cubic feet (11.2 billion standard cubic meters) of gas sold from the Norwegian Continental Shelf. The figure was the highest of all time, according to the Norwegian Petroleum Directorate.
"One important factor for the record-high sales is that it is winter and there is a great demand for gas in the market – and the Norwegian shelf has a considerable delivery capacity," said NPD Deputy Director General Johannes Kjøde.
The NPD also said that the Gjøa field in the North Sea is expected be at full capacity again following a period of reduced production due to problems with vibrations from the risers, while gas sales from the Norwegian shelf are expected to remain high in the future.
"We expect gas sales to remain at about the same level as in 2010, or maybe higher. Last year the gas sale declined somewhat, without any clear reason for this in the market. The expected increase compared with 2011 is 1.9 billion cubic feet (5.4 billion standard cubic meters). According to the NPD's forecast, 2012 will be a new peak year," added Kjøde.
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