Despite strong efforts by many stakeholders to succeed with the project, it is Gassco’s view that the current economic environment and also subsequent uncertainties related to timing of new field developments on the Norwegian Continental Shelf, have weakened the basis for the project, said Thor Otto Lohne, executive vice president in Gassco.
The project might be re-launched if the commercial conditions become more favorable in the future, Lohne added.
Skanled pipeline project
Skanled is a planned pipeline that will go from Karsto on the Norwegian West Coast to Grenland on the Norwegian East Coast, and to Sweden and Denmark. The pipeline makes possible the export of gas to Sweden and Denmark, and lays the ground for industrial use of gas in the Grenland region on the East Coast.
