Equinor to increase gas exports to Europe by 1.4 bcm during 2022

Norwegian oil and gas company Equinor (former Statoil) intends to increase gas exports to Europe by 1.4 billion cubic meters during 2022, Report informs referring to the company’s website.

“The adjusted production permits from the Ministry of Petroleum and Energy allow the Oseberg field to increase its gas exports by around one billion cubic meters in the period up to 30 September. For the Heidrun field gas exports can increase by 0.4 billion cubic meters for the calendar year 2022. 1.4 billion cubic meters of gas meet the gas demand of around 1.4 million European homes during a year,” reads the message.

Equinor has also decided to postpone turnarounds on the Oseberg field from May to September this year in order to accelerate production.

Besides, the Ministry of Petroleum and Energy has approved the application from Equinor for an increase in the production permit to 38 billion cubic meters of gas for the Troll field for the current gas year. This increases production by 1 billion cubic meters, equivalent to an increase of slightly less than 3 percent for the Troll field in this gas year, in the event of loss of production from other fields.