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Gas, 60% of flows from Norway at risk: the price touches 175 euros

ServiceStrike in the fields

The strike by workers in the sector blocks the first Norwegian fields: an escalation is foreseen that could deprive the European market of volumes of gas equal to a tenth of its needs. All this within a few days of the Russian Nord Stream gas pipeline stop

by Sissi Bellomo

July 5, 2022

Europe, already short of gas, is also losing supplies from Norway: three fields have been shut down since Tuesday 5 July due to a strike and if a solution to the dispute is not found as soon as possible, flows risk reducing by 56 % by Saturday 9: a loss of 178 million cubic meters per day, equal to over a tenth of the requirements in the Old Continent.

The warning issued by the local sector association, Norsk Olje & Gass (Nog), foreshadows an impact of the protest still …

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