Companies / Norway
Norway's Gas Exports To EU: 125-140bcm By 2015
June 2007 | Industry NewsNorwegian gas exports to the EU should reach 125-140bn cubic metres (bcm) by 2015, according to a statement by European Commissioner for Energy Andris Piebalgs. Following a meeting with Norwegian energy minister Odd Roger Enoksen, Piebalgs announced the planned increase from current export levels of around 90bcm. This plan demonstrates the EU's strategy of actively trying to reduce dependence on Russian gas imports, which currently account for around 25% of the EU's gas consumption, a proportion which is set to increase in the medium term. After the Russian disputes with Ukraine in January 2006 and Belarus in January 2007 which
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