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Conference turris::scandia

Title:	All about Scandinavia

Moderator:	TLE::SAVAGE

Created:	Wed Dec 11 1985
Last Modified:	Tue Jun 03 1997
Last Successful Update:	Fri Jun 06 1997
Number of topics:	603
Total number of notes:	4325

106.0. "Norway to supply gas to Europe" by TLE::SAVAGE (Neil, @Spit Brook) Tue Jun 03 1986 10:04

Associated Press Tue 03-JUN-1986 03:39                            

            Norway Signs Contract to Supply Natural Gas to Europe
    
    OSLO, Norway (AP) - The state oil and gas company Statoil has signed
    its biggest gas delivery agreement, a contract to provide almost $64
    billion worth of natural gas to a European consortium led by West
    Germany's Ruhrgas, a spokesman said. 
    
    Most of the gas will be piped from the Troll gas field located in the
    North Sea off the Norwegian port of Bergen, and the remainder will come
    from the Sleipner field located south of Troll. 
    
    The Statoil spokesman, Haakon Lavik, said Monday the consortium
    included Ruhrgas, BEB and Thyssengass of West Germany, Gasunie of the
    Netherlands, Distrigas of Belgium and the French Gaz de France. 
    
    According to the contract, Norway is to supply a total 450 billion
    cubic meters of gas worth about $63.7 billion between 1993 and the year
    2020. Oil and Energy Minister Arne Oeien said the agreement is larger
    than any previous sale of Norwegian North Sea gas. 
    
    Lavik said West Germany and The Netherlands would receive Norwegian gas
    through an existing pipeline system to Emden, while France and Belgium
    would take gas via a new pipeline running from the Troll field to
    Zeebrugge, Belgium. 
    
    Norway plans to invest $7.64 billion in new pipelines and offshore
    platforms for the gas project. The Troll field holds an estimated  
    1,200-1,300 billion cubic meters of gas worth about $127.3 billion.

T.R Title User Personal
Name Date Lines

106.1 TLE::SAVAGE Neil, @Spit Brook Wed Jun 04 1986 09:44 43

T.R	Title	User	Personal Name	Date	Lines
106.1		TLE::SAVAGE	Neil, @Spit Brook	`Wed Jun 04 1986 09:44`	43
	Associated Press Tue 03-JUN-1986 16:54 Natural Gas Norwegian Gas Contract Gives Europeans Supply Flexibility FRANKFURT, West Germany (AP) - Four European countries will buy more than $64 billion worth of Norwegian natural gas starting in 1993, in a deal that will reduce European dependence on Soviet gas supplies. "We see this as a very positive move, both from the standpoint of Western Europe, and flexibility in sources for our long-range natural gas needs," said spokesman Heinrich Molthan of Thyssengas on Tuesday. The United States and officials in some European countries have expressed concern that a Western Europe that relied on Soviet energy deliveries could be subject to political pressure from the Soviet Union. Thyssengas is one of three West German companies involved in the agreement that will provide 450 billion cubic meters of Norwegian gas between 1993 and 2020. France, Belgium and the Netherlands also will participate. An official of Norway's oil and energy ministry, Egil Helle, said the agreement meant the Soviet Union probably would shelve plans to build a second Siberian pipeline to supply gas to Western Europe. The contract is the largest and longest-term project for gas from a West European source, the companies said Monday in announcing the agreement. Ruhrgas spokesman Kurt Rippholz told The Associated Press in a telephone interview that Norway currently supplies 29 billion cubic meters annually to West European countries. The 29 billion figure includes 24 percent of Britain's natural gas needs; 20 percent for Belgium[mLuxembourg; 13 percent for West Germany; 9 percent for France, and 5 percent for the Netherlands, Rippholz said. Norwegian officials said that under the new agreement, Norway will have about 25 percent of the West European market. Rippholz said that Norway will provide about 20 percent of West Germany's gas consumption by the year 2000. He said the Soviet Union supplied Western Europe with about 30 billion cubic meters of natural gas in 1985, which provided 68 percent of Austria's needs, 24 percent of West Germany's, 22 percent of France's and 18 percent of of Italy's.

Associated Press Tue 03-JUN-1986 16:54                            Natural Gas

          Norwegian Gas Contract Gives Europeans Supply Flexibility
    
    FRANKFURT, West Germany (AP) - Four European countries will buy more
    than $64 billion worth of Norwegian natural gas starting in 1993, in a
    deal that will reduce European dependence on Soviet gas supplies. "We
    see this as a very positive move, both from the standpoint of Western
    Europe, and flexibility in sources for our long-range natural gas
    needs," said spokesman Heinrich Molthan of Thyssengas on Tuesday. 
    
    The United States and officials in some European countries have
    expressed concern that a Western Europe that relied on Soviet energy
    deliveries could be subject to political pressure from the Soviet
    Union. 
    
    Thyssengas is one of three West German companies involved in the
    agreement that will provide 450 billion cubic meters of Norwegian gas
    between 1993 and 2020. France, Belgium and the Netherlands also will
    participate. 
    
    An official of Norway's oil and energy ministry, Egil Helle, said the
    agreement meant the Soviet Union probably would shelve plans to build a
    second Siberian pipeline to supply gas to Western Europe. The contract
    is the largest and longest-term project for gas from a West European
    source, the companies said Monday in announcing the agreement. 
    
    Ruhrgas spokesman Kurt Rippholz told The Associated Press in a
    telephone interview that Norway currently supplies 29 billion cubic
    meters annually to West European countries. The 29 billion figure
    includes 24 percent of Britain's natural gas needs; 20 percent for
    Belgium[mLuxembourg; 13 percent for West Germany; 9 percent for
    France, and 5 percent for the Netherlands, Rippholz said. 
    
    Norwegian officials said that under the new agreement, Norway will have
    about 25 percent of the West European market. Rippholz said that Norway
    will provide about 20 percent of West Germany's gas consumption by the
    year 2000. 
    
    He said the Soviet Union supplied Western Europe with about 30 billion
    cubic meters of natural gas in 1985, which provided 68 percent of
    Austria's needs, 24 percent of West Germany's, 22 percent of France's
    and 18 percent of of Italy's.