New gas distributor established

A new company to pursue opportunities for marketing and distributing natural gas in SE Norway has been established by Statoil and Østfold Energi AS. Called Naturgass Øst AS, it will cover the county of Østfold between the Oslo Fjord and the Swedish border and aims to start gas deliveries to industry in 2006. The idea is to build a network of receiving stations for liquefied natural gas (LNG) along the Norwegian coast, serviced by specially-built vessels. Construction of these installations depends on a substantial customer base, and several companies with the same objectives as Naturgass Øst have been founded in various coastal areas. Studies have indicated that Østfold could support potential annual deliveries of more than 100 million cubic metres of natural gas, or over a billion kilowatt-hours (one TWh). Corresponding to the energy consumption of more than 40,000 Norwegian detached homes, this gas will be transported from receiving terminal to customer by pipeline or road tanker.

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