Statoil Raises Gas Outage Expectation

March 4, 2014

Reuters - Norway's Statoil said its gas output will be down even more on Tuesday than it earlier expected because of "field availability reduction due to system curtailment", it said on Tuesday.

Its output will be down by an additional 36 million cubic meters (mcm) on Tuesday on top of a 14.8 mcm outage reported earlier.

Norway's Kollsnes and Nyhamna gas plants, the country's two biggest processing facilities, both suffered outages on Tuesday.

(Reporting by Balazs Koranyi)

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