Norway expects record gas export to Europe this year

Norway's gas export system is set to deliver record volumes of energy to Europe and is committed to sending large amounts in the coming years, the head of pipeline system operator Gassco Frode Leversund told Reuters, Report informs.

The Nordic country has become Europe's biggest supplier of gas this year, according to Refinitiv Eikon data, overtaking Russia.

September will see a period of necessary, planned maintenance that would lower capacity, but the system will "be ready for the start of winter" on Oct. 1, Leversund said.

Norway is still set to deliver a new annual record of more than 117 bcm of gas through its pipelines in 2022, up from 113.2 bcm last year, the CEO said.

With a similar amount of maintenance expected in the next two to three years, this should also ensure continued high supplies, he added.