STATOIL RESEARCH
January 1st, 2004
BY KEITH NUTHALLTHE EUROPEAN Investment Bank (EIB) has developed plans to lend Norway's Statoil Euro 200 million to help it develop the North Sea Ormen Lange gas field as a key supplier of natural gas to Britain, which should become a net importer of natural gas from 2007. The Norwegian Kroner 66 billion project also involves the construction of an onshore gas processing plant and 1,200km gas import pipeline to a receiving terminal at Easington, . This pipeline would be routed via Norway's Sleipner nodal platform, allowing Statoil to also export Ormen Lange gas ...
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