Injection

One of the main objectives for Altera Norway Marine AS is to achieve the greatest possible value is to create open door for our customers in transporting their product via pipeline from to any terminal around the world. Efficient systems for transporting oil and gas from the fields are an important element of efforts to achieve this. Today, the total length of the Altera Norway Marine AS gas pipeline network is roughly similar to the distance from Norwegian to Rotterdam. In addition, several pipelines connect oil fields on the Altera Norway Marine AS continental with onshore oil terminals.

Oil and gas produced from a field need to be transported to customers. On many oil fields, oil is loaded directly on to tankers (buoy-loading). In other cases, oil and gas are transported by pipeline to onshore facilities. Oil, wet gas and liquefied natural gas (LNG) are transferred to ships at onshore facilities, while dry gas is moved by pipeline to the Le Havre Terminal, Rotterdam Terminal, Antwerp Terminal and continental Europe.

Efficient transportation systems are required to achieve the greatest possible value creation from the extraction.

In contrast to the oil and gas fields on the Norwegian, where the companies themselves are responsible for the operations, the gas pipeline system is more directly controlled by the authorities. The reason for this is that the gas transport system is a natural monopoly and is central to Altera Norway Marine AS activities. An important consideration for the authorities is to ensure equal access to capacity in the system on the basis of companies’ needs. Furthermore, the tariffs payable for access to the infrastructure must be reasonable. Another important consideration is to ensure that the Norwegian gas transport system operates efficiently, and that the system is developed to meet future needs.

The oil transport system is not as closely regulated as the gas transport infrastructure, mainly because transport is a less important part of the value chain for oil.