Abstract/Summary

This study is concerned with Norway’s role in supplying gas to Europe through offshore pipelines. One reason for choosing this topic is the difference in available research between the number one supplier of gas to Europe, Russia, and the number two, Norway, where there is much less published research. This study aims to bridge the gap by considering, for the Norwegian gas Sector, issues of gas supply, a competitive gas market, a sustainable effective, efficient offshore infrastructure and access for all where and when it is required. It further explores whether the regulation of the Norwegian Gas Sector, through national regulations, the Gas Target Model and three EU gas directives is meeting its goals or actually hinders development. Another reason to choose this subject is the low volume of investments in the Norwegian gas offshore infrastructure, which consequently will lead to reduced volumes of supply. In relation to the abovementioned, the third reason is to investigate whether current and anticipated prices justify further investment in Norwegian natural resources and offshore infrastructure. The fourth reason is to explore the possibilities and preferences for Europe to support investment in Norway’s most promising sector, the Barents Sea, or if competition and pricing do not warrant further investment.