Gassco kicking off assessment of Norway export options

Gassco's main office located at Bygnes, Karmøy.

LONDON (Dow Jones)–Norway’s gas network operator Gassco is about to kick off a process with field operators aimed at identifying export options for a series of sizable discoveries in the Norwegian Sea, Chief Executive Brian Bjordal said Thursday.

Starting this autumn, Gassco will gather analysis from companies including Total SA (TOT), StatoilHydro ASA (STO) and Royal Dutch Shell PLC (RDSA) to assess whether new production can be fitted into existing infrastructure when taking the decline of older fields into account, or whether it justifies a new transport system, Bjordal told Dow Jones Newswires.

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