
Norway can slightly boost its gas supply this winter to EU countries hit by tensions with Russia over Ukraine but has little room for manoeuvre, the energy minister said Thursday.
Norway is the second biggest supplier of gas to the European Union after Russia, and is therefore one of the short-term options Brussels is looking at in case of a cut-off by Moscow.
"The capacity of the gas pipeline system is more or less fully utilised in the wintertime," Energy Minister Tord Lien said after talks with EU Energy Commissioner Guenther Oettinger, when asked if Norway could increase the supply.
"But of course if the situation should develop there will be a slight increase in production and export from the continental shelf," he said, adding that the decision was a commercial one.
The EU imports two thirds of its gas. Russia last year accounted for 39 percent of that by volume. Half of the Russian gas transits through pipelines in Ukraine to countries in southern and eastern Europe, the European Commission says.
Moscow cut off supplies intended for Kiev in June amid a bitter price dispute and tensions with the EU over Ukraine. It triggered memories of 2006 and 2009 when Russia cut supplies for parts of Europe, causing widespread disruption and woe during the winter months, especially in former Soviet states.
In anticipation of a new cut-off, the EU is looking for short-term options to replace Russian gas transitting through Ukraine for now, with expanded capacity from Norway or Algeria often floated as a possibilities.
Norway already supplies 34 percent of the EU's gas imports and is the top exporter to several western EU states. Algeria is at 13 percent.
Lien said Oslo was not in a position to push companies to sell extra gas to Europe.
"But of course if a more strenuous situation should develop, the prices will probably increase and the operators on the continental shelf will do what they can to bulk up their friends in Europe and maximise their own profit and hence deliver more gas," he said.
The Norwegian met Oettinger the day before a fresh round of EU-brokered gas talks in Berlin to resolve the bitter gas row between Ukraine and Russia.
Several rounds of these talks have failed to produce a solution, against a backdrop of Brussels imposing tougher economic sanctions against Russia as the Ukraine crisis has deepened.
GMT 14:36 2018 Sunday ,14 January
Fossil fuels blown away by wind in cost terms: studyGMT 18:20 2018 Thursday ,11 January
Ukraine to launch its first solar plant at ChernobylGMT 18:44 2018 Tuesday ,09 January
Finland's Fortum snaps up EON's fossil fuels stakeGMT 17:39 2018 Wednesday ,03 January
Norway powers ahead electrically with over half of new car sales now electric or hybridGMT 15:36 2018 Wednesday ,03 January
Minister of Mining Says Govt. Invested MAD 12.3 Billion between 2003-2017GMT 18:00 2017 Saturday ,23 December
Energy prices bump key US inflation index up in NovemberGMT 09:01 2017 Friday ,15 December
BP plan to buy Australian petrol pump network blockedGMT 14:54 2017 Monday ,27 November
Belarus nuclear power plant stirs fears in Lithuania
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor