24 November 2015 - 10:56
  • News ID: 250739
Norway Supplying 20% of Europe Gas Need: Official

TEHRAN, Nov. 24 (Shana) - Morten Anker, director of Oil and Gas Department at Norwegian Ministry of Petroleum and Energy says the country is satisfying 20 percent of gas needs of Europe.

Addressing the Third Gas Summit in Tehran, Anker said that gas was a reliable source of energy, adding exchanging information between consumers and producers is very important and contributes to stability in the gas market. 

Norway is committed to take into consideration gas needs of the next generations and at the same time plans to allocate one third of its gas reserves to exports by 2035, he said addressing the Third Summit Meeting of the Gas Exporting Countries Forum (GECF) in Tehran on Monday. 

The Norwegian official also said that gas producers are expected to take into consideration the needs of consumers. 
“Natural gas is a multiple fuel which is used not only for heating but for power generation and as feedstock by petrochemical plants”, he said. 

Natural gas, Anker added, could facilitate realization of sustainable development goals and as a clean fuel could prevent climate change from happening.

GECF is the intergovernmental forum of the world’s leading gas producers that provides a framework for exchange of experience, views, information and data, as well as coordination in gas related developments among member countries.

It consists of 19 main and observer members with its permanent secretariat based in Doha, Qatar. 

Russia, Iran, Qatar, Algeria, Bolivia, Egypt, Equatorial Guinea, Libya, Nigeria, Trinidad and Tobago, Venezuela, and the United Arab Emirates, are main members of the gas exporting body. Observer countries are the Netherlands, Iraq, Oman, Azerbaijan, Peru, Kazakhstan and Norway.
News ID 250739

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