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Gas committee favors sales from three fields

A majority of Norway's gas supply committee is in favor of supplying natural gas to continental Europe from the Sigyn, Kristin and Oseberg Delta fields. The operators for Sigyn in the North Sea, Kristin on the Halten Bank and Oseberg Delta in the North Sea are Exxon Mobil, Statoil and Norsk Hydro, respectively. Together, the fields could supply around 36 billion cubic meters of gas between 2002 and 2016. Sigyn and Oseberg Delta are set to begin producing in 2002 followed by Kristin in 2005. The majority also favors Statoil's-operated Asgard in the Norwegian Sea being allowed to supply additional reserves of 1.3 billion cubic meters over two years. Statoil's Kvitebjorn field in the North Sea and Mikkel in the Norwegian Sea previously were given the green light to supply gas. The gas supply committee proposes that Mikkel be allowed to deliver to the Czech company Transgas and to the Hydro-operated Grane field in the North Sea. On Grane, the gas will be reinjected to increase oil production. Norway's Ministry of Petroleum and Energy likely will decide gas allocations this summer.