Norway resumed gas production and Europe breathes a sigh of relief

Norway resumed gas production and Europe breathes a sigh of relief

Shortly after the government’s intervention on Tuesday night “work began to safely resume production at facilities affected by the strikeEquinor announced in a statement.

“It is expected that all the deposits will return to full activity in a few days,” he stressed.

Since Russian gas deliveries to Europe decreased due to the war in UkraineNorway became the main alternative for many countries in the region.

Following the start of a strike on Tuesday by a key union in the sector, the mobilization threatened about 60% of Norwegian exports that Europe receives, if the conflict is prolonged.

The Norwegian government announced that it has delegated the management of the conflict between workers and employers to an independent body, which imposes de facto, according to Norwegian law, a end of mobilization.

This rich Nordic country, which is the second largest supplier of natural gas in Europe, has been striving in recent months to produce at full capacity to face the desire of European countries to stop depending on Russian gas.

On Tuesday, oil and gas production will be reduced by 89,000 barrels of oil equivalent per day (boepd), of which gas production accounts for 27,500 boed, according to the Norwegian oil and gas company, equinor.

Source: Ambito

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