Tuesday October 17, 2006

World's biggest underwater gas pipeline opens between Britain, Norway

channelnewsasia.com :

The biggest underwater gas pipeline in the world, transporting Norwegian gas 1,200 kilometres under the North Sea to Britain, has been officially opened by the prime ministers of both countries. The Langeled pipeline is expected to supply one fifth of Britain's total gas requirements in the coming decades. Construction of the pipeline by Norwegian firm Hydro began in 2004 and gas began flowing unofficially about two weeks ago.

British Prime Minister Tony Blair praised the project, saying it was a crucial step towards securing his country's energy needs. He said: "In the future, energy security will be almost as important as defence to the overall security of the country's interests. Three or four years back when we began we did not even ourselves quite fully appreciate the significance of today's event. The combination of rising energy prices, worries about energy security and climate change are creating a completely different context." Blair added that over the next 10-15 years Britain would move from a position of 80-90 percent self-sufficiency in oil and gas towards being a net importer of 80-90 percent of its needs.

- Did you see that last line?

See also :

1. Gas traders start giving it away
2. Norway oil output peaking
3. North Sea gas drying up faster than hoped

(2006-10-17 23:22:17 SGT) [Energy] Permalink

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