The Natural Gas (NG) business area is responsible for transporting, processing and marketing StatoilHydro’s gas via pipelines and LNG worldwide.
The business area is in charge of roughly 80% of all Norwegian gas exports. This also includes marketing of the gas from the State’s Direct Financial Interest (SDFI).
According to the International Energy Agency (IEA), the estimated annual growth in global gas consumption in the period 2005-2030 is 2.1%. In the same period growth in OECD Europe is expected to be at 1.4%. This translates into a
European demand for gas in 2030 of approximately 770 bcm - or approximately
six times Norway’s current export capacity.
Natural Gas comprises five business clusters:
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Supply and infrastructure
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International gas development
Natural Gas is headed by executive vice president Rune Bjørnson.
Published 2007-09-07, 21:44 CET | Updated 2008-04-15, 10:27 CET
