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Equinor's headquarters in Fornebu near Oslo
Norway IOCs NOCs Markets
Stuart Penson
24 September 2024
Follow @PetroleumEcon
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Absent demand dents Norway’s blue ambitions

Equinor and Shell put Norwegian export pipeline and blue hydrogen production plans on hold as demand fails to materialise

Norway’s ambitions to become a key supplier of low-carbon hydrogen to Europe have suffered a setback, with plans to develop a pipeline to Germany put on hold because of a lack of demand. Norwegian state-owned energy firm Equinor and oil major Shell have both withdrawn from a project—led by Norwegian state-owned gas network operator Gassco—to study the viability of a pipeline to take blue hydrogen produced in Norway to Germany. Both firms have blamed a lack of demand for their withdrawals, which have also triggered the cancellation of upstream blue hydrogen production projects in Norway. “We do not see enough market pull for Blue H2” Shell “We can confirm that we, at this time, do not

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