for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Norwegian gas pipe likely shut all winter -Statoil

LONDON, Sept 10 (Reuters) - The leaking gas pipeline between Norway's Kvitebjoern platform and a processor at Kollsnes is not now expected to be repaired before next spring although quicker repair options are being looked at, an executive from field operator StatoilHydro STL.OL said on Wednesday.

The company discovered a leak on the gas pipeline and closed it in August. It has been looking for ways to get it fixed and back into service for winter since then. But those efforts have not so far allowed Statoil to bring forward the repair work.

“The current time line is spring-summer 2009,” Jens Olav Okland, senior vice president for supply and infrastructure at StatoilHydro, told a winter supply seminar in London. (Reporting by Daniel Fineren, editing by Anthony Barker)

Breakingviews

Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.


Sign up for a free trial of our full service at https://www.breakingviews.com/trial and follow us on Twitter @Breakingviews and at www.breakingviews.com. All opinions expressed are those of the authors.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up