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Unformatted text preview: ich pipeline should be used to transport the
gas is avoided. All licensees on the Norwegian continental shelf are
responsible for selling their own gas. StatoilHydro sells the state's oil and
gas together with its own petroleum, in accordance with the Ministry of
Petroleum and Energy’s instruction concerning the marketing and sale of
oil and gas.
The pipeline system is a natural monopoly, with high, irrevocable
investment costs and low operating costs. This is why gas transport tariffs
are governed by special regulations issued by the Ministry of Petroleum
and Energy. This ensures that the economic returns are earned from
producing fields and not from the transportation system. The oil companies’
access to capacity in the system is based on their needs for gas transport. 18 Gassled. Available on: <energilink.tu.no/leksikon/gassled.aspx>. 21
© Ifri F. Harbo / The European Gas and Oil Market In order to ensure good resource management, transport rights can be
transferred between users when needs change. Gassco...
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This document was uploaded on 03/30/2014.
- Summer '14