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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
NATURAL GAS
Small extensions to Norway’s large Troll gas field and Kollsnes processing facility will further weigh on Norway’s pipeline gas supplies to Europe this week, Gassco remit data show.
- Pipeline natural gas flows from Norway to Europe stood at 136.8mcm/d today, broadly in line with yesterday. Supplies are expected to fall further tomorrow, amid outage extensions curtailing capacity by 222.9mcm/d. Peak maintenance was previously scheduled to conclude as of Monday.
- Works at the Troll field have been extended by two days until 10 Sept, curtailing output by 125mcm/d. Output will be curtailed by 60mcm/d on 10-11 September, by 45mcm/d on 11-12 September and by 6mcm/d, from previously 10mcm/d on 12 September until 5 October.
- The Kollsnes processing plant extended works by one day until Friday, affecting 153mcm/d. Output cuts will fall to 83mcm/d on 8-9 Sept. Output will be curtailed by 11mcm/d on 9-20 Sept, and of 11mcm/d on 8-20 Sept.
- The unplanned outage at Aasta Hansteen has been extended by two days until 9 Sept with limited output of 25.8mcm/d. Further works on 9-10 Sept will limit availability by 12.9mcm/d. The duration of the outage remains uncertain.
- Ongoing works at the Oseberg field will last until 7 Sept, from 10 Sept previously scheduled, and will have curtail availability by 15.5mcm/d, before further rising to 25.5mcm/d on 7-8 Sept and 15.5mcm/d on 8-9 Sept.
- Maintenance at the Ormen Lange field will start 9 Sept and limit output by 10.5mcm/d until 16 Sept.
- The Karsto processing plant is scheduled to have annual maintenance until 17 Sept, affecting 12.6mcm/d.
- Smaller works at the Kvitebjorn and Visund fields will end on 19 Sept and 8 Sept. Works at Dvalin have been extened until 9 Sept.
- In the UK, the St. Fergus gas terminal will have curtailed capacity of 26.8mcm/d until Thursday before rising to 30.8mcm/d until 29 Sept. The Barrow North Terminal will return on Friday.
- There are currently no flows on the BBL pipeline since today until 11 Sept.
- In France, the Fos Cavaou LNG terminal will have no shipments from 9 Sept until 2 Oct. The Dunkirk gas terminal will have reduced capacity util 9 September of 47mcm/d.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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