ABSTRACT

In total, the estimated breakdown of proven reserves on the Norwegian shelf shows that they are made up of two thirds gas and one third oil. The size of the share of Norwegian gas in future German supplies may therefore be determined largely by Germany’s relationship with the U.S.S.R. Italy may be a potential purchaser of Norwegian gas although so far no supplies have been contracted. Norwegian gas may be desirable to the Italians from the mid-1990s onward for commercial reasons. European considerations of gas supply security is the central reason why a need for alternative sources may provide opportunities for Norway whose gas may otherwise be too expensive to compete. Norwegian gas has a good market possibility in the United Kingdom, West Germany, France, Italy, Belgium, and the Netherlands. Norway has two markets for gas, the UK and the Continent.