Equinor extends Norway LNG outage by 10 days
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 08 2025
0mins
Source: Reuters
Hammerfest LNG Plant Outage Extended: Equinor has extended the outage at its Hammerfest LNG plant in Norway by 10 days to January 19 due to extensive repairs on a failed compressor, which is crucial for CO2 re-injection.
Impact on Gas Supply: The Hammerfest plant, vital for European gas supply, accounts for about 5% of Norway's gas exports and can deliver enough gas to power approximately 6.5 million homes annually.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
