Europe looks to Norway for gas supplies
oslo • Faced with rising demand for energy and keen to reduce their dependency on Russian gas supplies, European countries are greedily eyeing Norway’s natural gas, available to the continent through a burgeoning web of pipelines. In the past six years, Norway has practically doubled its annual gas exports to 90 billion cubic meters (3,178.3 billion cubic feet), making it the second biggest supplier to the European Union with a 16 per cent market share. Earlier this month the world’s longest underwater gas pipeline was opened, linking Norway and Britain. The gas pumped through the Langeled pipeline will cover up to 20 per cent of Britain’s needs in coming years.
The Scandinavian country already supplies 30 per cent of France’s needs and 25 per cent of Germany’s.
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