The supply of Norwegian gas to the north of England through the Langeled pipeline Langeled pipeline pipeline was reestablished last Friday after repairs were completed following an interruption on June 2 that raised new concerns about energy security in Europe.
The cut in the flow of gas increased concerns about energy stability on the continent. Resumption of gas transportation from the Nyhamna processing plant to the receiving terminal in Easington is underway, Norwegian pipeline system operator Gassco reported.
Sleipner Riser platform repair completed
The cause of the outage was a crack in a two-inch pipeline on Equinor’s Sleipner Riser offshore platform, which connects Langeled North to Langeled South. The company in a statement confirmed the completion of the repair work at Sleipner Riser.
Repair work has been completed on Sleipner Riser. Acceleration of gas transportation from Nyhamna processing plant to receiving terminal in Easington continues
Gassco
British import terminal in Easington started receiving gas at a rate of 40.3 million cubic meters (mcm) per day at 10:58 GMT, a significant improvement from Thursday, when reception was nil, according to flow data from Britain’s National Gas.
Impact on Norwegian gas prices
Sunday’s disruption in the flow of gas from the Nyhamna plant through the Langeled pipeline to Easington lifted the benchmark gas price in Europe on Monday to €38.56 per megawatt hour (MWh), the highest level recorded since December.
On Friday afternoon, the reference price of gas in Europe stood at 32.90 euros per MWh, a decrease of 0.8% compared to the previous day. Gassco also indicated that it planned to gradually increase gas flows during the day.
Processing plant capacity
The Nyhamna plant has the capacity to process up to 79.8 mcm/day at full capacity, while Easington can receive up to 72.50 mcm/day. In 2022, Norway overtook Russia as the largest gas supplier in Europe, following Moscow’s invasion of Ukraine, covering about a quarter of the continent’s demand, making any disruption in Norwegian fields likely to cause gas prices to rise.
Norway has proven to be a key player in European energy security, especially after the reduction of Russian gas imports. This paper has highlighted the importance of diversifying energy sources and strengthening infrastructure to avoid disruptions that could impact the European energy market.
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Source: naturalgasworld
Photo: gasscono
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