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Norway's Valemon natural gas field boosting production on Forties pipeline restart

Natural gas production at the Valemon gas field is on course to return tofull capacity in the near term, with Norwegian gas operator Gassco reducingvolume impacts Friday.

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Valemon, which has had a 10.5 million cu m/d gas production restrictionin place since December 12 due to the shutdown of the Forties Pipeline System,is now set to have a 10.1 million cu m/d volume impact during Friday's gas dayand a 5.5 million cu m/d volume impact on Saturday's gas day.

The gas produced at the Valemon field, about 160 km (about 100 miles)west of Bergen, is split between Huldra and Heimdal before being transportedto the UK and Continental Europe, with the condensate from the field piped toKvitebjorn for stabilization before being sent to the Mongstad refinery nearBergen.

Norwegian pipeline gas exports were running at 340 million cu m/d Friday,split between Continental Europe and the UK at 205 million cu m/d and 135million cu m/d, respectively, Gassco reported.

--Gary Hornby, gary.hornby@spglobal.com

--Edited by Jonathan Dart, jonathan.dart@spglobal.com