Economics

And it is not going to stop. Norway confidently overtook the Russian Federation from gas supply to Europe - infographics

Norway is ahead of Russia for gas supply to the EU and expects to maintain a record production level by 2030. This was stated by Norwegian Energy Minister Terye Aasland, Reuters reports. According to him, Norway plans to maintain its current high level of gas production by the end of the decade, since Europe plans to abandon Russian imports by invasion of Ukraine.

Video day is projected, in 2022, Norway will produce about 122 billion cubic meters of gas, which is 8% more than 2021, and perhaps the production record, set five years ago. "I expect that we will be able to maintain the level of production we are now, by 2030," Aasland said. "We see that there are projects, as well as plans for development and operation that can help maintain high volumes of gas in the future," he added.

Norway is currently the largest gas supplier to Europe, overtaking the Russian Federation, which has reduced gas supply. The minister also said that he was more than confident in the long -term demand for Norwegian gas in Europe after the agreement signed in June to increase gas imports from the Norwegian continental shelf. As it was reported, on August 25, gas prices in Europe exceeded $ 3,200 per thousand cubic meters.