Equinor to Keep Pumping as Much Gas as Possible Through Summer
- Company will still follow its maintenance program, says CEO
- Norway is already producing flat out after surge in prices
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Equinor ASA will keep pumping as much natural gas as it can through spring and summer, allowing for maintenance shutdowns, to help refill depleted European storage, said Chief Executive Officer Anders Opedal.
Norway, Europe’s second-largest gas supplier, is already pumping flat out after a blistering surge in prices. With spring approaching, the market’s focus now shifting to whether there’ll be enough of the fuel available during the coming months to replenish inventories and reduce the risk of another market crisis next winter.