Norway’s LNG Hampered by Equipment Failure. Norway’s state oil firm Equinor (NYSE:EQNR) expects its 4.7 mtpa Hammerfest LNG export terminal to be shut down at least until January 9 following the failure of a key compressor this week, halting flows from the country’s only LNG facility.
It is also colder than normal in Europe.
Europe's LNG price now over $15US/MMBtu
Europe's LNG price now over $15US/MMBtu
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group