By Nora Buli
STAVANGER, Norway – Norway’s fuel export system is ready to ship document volumes of power to Europe and is dedicated to sending massive quantities within the coming years, the top of pipeline system operator Gassco advised Reuters.
The Nordic nation has turn out to be Europe’s greatest provider of fuel this 12 months, in response to Refinitiv Eikon knowledge, overtaking Russia even earlier than final week’s shutdown of the Nord Stream 1 pipeline.
Gassco’s system provides fuel through pipelines to Britain, Germany, Belgium and France and the corporate this 12 months deferred summer season upkeep to make sure regular flows as Russian piped fuel deliveries dwindled.
“Now we have this summer season delivered what we'd normally ship in winter months,” Gassco CEO Frode Leversund stated in an interview.
Deliveries this 12 months have already elevated by the equal of 60 terawatt hours, or 4.97 billion cubic metres (bcm) of fuel, in response to Gassco figures.
September will see a interval of essential, deliberate upkeep that will decrease capability, however the system will “be prepared for the beginning of winter” on Oct. 1, Leversund stated.
Norway continues to be set to ship a brand new annual document of greater than 117 bcm of fuel by its pipelines in 2022, up from 113.2 bcm final 12 months, the CEO stated.
With the same quantity of upkeep anticipated within the subsequent two to 3 years, this also needs to guarantee continued excessive provides, he added.
A brand new pipeline connecting Norway to Poland through Denmark, known as Baltic Pipe, attributable to begin operations in October, may additionally elevate Gassco’s total capability, he stated.
Nonetheless, the precise influence from the addition of the pipe, a so-called looping impact, will solely turn out to be clear as soon as operation begins and the interplay with legacy techniques begins, he added.
Together with liquefied pure fuel, total Norwegian fuel output might rise by 8% this 12 months to 122 bcm, in response to official forecasts made in Could.
Nord Stream 1, which runs below the Baltic Sea from Russia to Germany, traditionally provided round a 3rd of the fuel exported from Russia to Europe, however is now halted indefinitely.
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