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Norway Germany Gas Energy security Equinor
Peter Ramsay
6 July 2022
Follow @PetroleumEcon
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Norway does its gas best as Germany prepares for gas worst

One of the EU’s key suppliers is doing all it can to maximise deliveries. Its largest demand centre still expects the situation to deteriorate

The Norwegian government in early July sent a dispute between the Lederne trade union and the Norwegian Oil and Gas Association employers’ group to compulsory arbitration, ending a strike that had already closed at least three North Sea fields and threatened many more. And the decision came just hours after the country’s Ministry for Petroleum and Energy (MPE) had approved proposed adjusted production permits for six fields on the Norwegian continental shelf (NCS). But, despite Norway’s best efforts to keep the gas taps to Europe flowing as much as possible, Germany’s finance minister Robert Habeck warns that “the situation on the gas market is tense and unfortunately we cannot rule out a de

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