OSLO, Sept 21 Norway's gas exports hit a new
high of 36.8 billion cubic metres (bcm) this summer and the
annual deliveries will be on a par with the record annual figure
achieved in 2017, gas system operator Gassco said on Friday.
OSLO Members of Nasdaq's Nordic commodities exchange have fully replenished vital clearing house contingency funds that were lost last week when a single Norwegian trader defaulted, the exchange operator said.
* Graphic: https://tmsnrt.rs/2p8x8sc
(Adds further Nasdaq comment)
OSLO A Norwegian power market trader racked up losses he could not cover, leaving commodities companies who are part of the Nasdaq clearing house, and the exchange itself, to plug a 114 million euro ($133 million) hole in a contingency fund.
* Power firms must replenish funds within 2 business days
(Adds Nasdaq's, power companies' comments)
OSLO Norway's Nyhamna gas processing plant, which feeds Britain with gas through the North Sea's biggest pipeline, may rely on power from local industries as a backup to its fragile electricity supply, grid operator Statnett told Reuters.
British energy providers SSE and Innogy's Npower received provisional approval to merge their retail units from Britain's Competition and Markets Authority (CMA) on Thursday. | Video
OSLO Norway's largest gas processing plant Kollsnes, a key facility for British exports which faced outages last winter, is having additional upgrades this summer to protect it against extreme weather later in the year, operator Gassco told Reuters.
OSLO Norway's transmission system operator Statnett may have to pay large electricity users to cut their energy consumption this winter if rainfall remains abnormally low, it said on Tuesday.
OSLO, Aug 28 Norway's transmission system
operator Statnett may have to pay large electricity users to cut
their energy consumption this winter if rainfall remains
abnormally low, it said on Tuesday.