Frode Leversund News

Norway's Gas Exports Set to Match Annual Record

Norway's gas exports hit a new high of 36.8 billion cubic meters (bcm) this summer and the annual deliveries will be on a par with the record annual figure achieved in 2017, gas system operator Gassco said on Friday.Between May and August, which is normally a season with fewer gas exports, Norway's deliveries almost matched a normal winter level as European importers needed to refill depleted gas storages which drained during last year's cold winter."It's too early to say exactly where we'll end up this year…

Gassco Examines Feasibility of CO2 Shipping

Gassco has commissioned Knutsen OAS Shipping and Larvik Shipping to study transport of CO2 by ship in connection with the Norwegian government’s full-scale project for managing this greenhouse gas. In cooperation with Gassnova, Gassco has earlier studied CO2 handling chains. “The transport study will help to ensure that the government’s ambition of realising at least one full-scale CO2 facility by 2020 can be met,” says Gassco CEO Frode Leversund. The CO2 chain is being addressed by industrial players. Gassnova has assigned studies of the relevant capture locations to Norcem in Brevik, Yara at Herøya and Klemetsrud EGE in Oslo, while Gassco and Statoil are responsible for the transport and storage aspects respectively.