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Gas Regulation 2010

July 2010 - Projects, Energy & Natural Resources. Legal Developments by Kluge Advokatfirma DA.

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Description of domestic sector: Describe the domestic natural gas sector, including the natural gas production, liquefied natural gas (LNG) storage, pipeline transportation, distribution, commodity sales and trading segments and retail sales and usage.

Norway’s natural gas sector comprises large-scale offshore production of natural gas in excess of 100 billion cubic metres per year from many fields in the North Sea and the Norwegian Sea on the Norwegian Continental Shelf (NCS). The gas is collected for export to the western European market through a sophisticated gas treatment and transportation grid, consisting of 7800km of pipeline with landing points in the UK and Europe. This is the world’s largest offshore gas pipeline network. Additionally, gas is produced from sub-sea installations in the Snøhvit field in the Barents Sea and exported as LNG from the field terminal near Hammerfest.

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First published in Getting the Deal Through – Gas Regulation 2010. www.gettingthedealthrough.com

 

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