Equinor to raise natural gas production to meet European demand

By Sibel Morrow

ANKARA (AA) - Norway's energy giant Equinor said it will increase natural gas production by 1.4 billion cubic meters more ​​​​​​​ in the Troll, Oseberg and Heidrun fields through the summer months to meet demand in Europe, the company said in a statement on Wednesday.

The Oseberg field will increase its gas exports by around one billion cubic meters up to Sep. 30, while exports from the Heidrun field gas can increase by 0.4 billion cubic meters until the end of the year to cater to the annual gas demand of around 1.4 million European homes.

"Our focus is to maintain safe and efficient operations on our facilities, remaining a reliable supplier of energy to the markets in Europe in a highly challenging situation. In close dialogue with the authorities and our partners we are now taking steps to maintain the high production level from the winter," Kjetil Hove, Equinor’s executive vice president, was quoted as saying in the statement.