Norwegian energy outfit Statoil is well placed and ready to meet the UK's increasing demand for gas, says Rune Bjornson, the firm's executive vice president for Natural Gas.

<p>The confident prediction comes on the day that the political leaders of Britain and Norway, Tony Blair and Jens Stoltenberg, have met to celebrate the opening of the Langeled pipeline, which runs from the Scandinavian country to Easington, East Yorkshire.<br /><br />Few companies are better positioned than Statoil for meeting the increasing demand for gas in the UK, says Mr Bjornson. We are the leading architect on the Norwegian continental shelf and we cover 10% of the British demand.<br /><br />He believes the opening of Langeled is the start of an even bigger Statoil delivery to the UK and continental European markets. We will take the industrial responsibility to bring new projects to fruition and to increase gas supplies to the European market, Mr Bjornson added.<br /><br /><br /></p>