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Equinor Norway
Peter Ramsay
20 September 2021
Follow @PetroleumEcon
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Equinor promises more Norwegian gas

The supplier hails expanded Troll and Oseberg production permits. But the latter is already far exceeding its quota

Norway’s dominant gas producer, Equinor, said on Monday that it had secured permission to deliver an additional 1bn m³ from both the Troll and Oseberg fields on the Norwegian continental shelf (NCS) in the next gas year (GY), which starts on 1 October. But it is unclear how the higher official threshold for Oseberg production can be seen as definitively allowing more gas to flow this winter compared with last, given volumes reported by the Norwegian Petroleum Directorate (NPD) for GY20-21 so far. Nor does the additional 2bn m³ of permitted production necessarily translate into more gas flowing during the peak demand season, given constraints on the NCS export system. Thus, while the promise

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