Denmark braces for looming gas shortage

The work to secure gas flow to Danish homes after the shutdown of the Tyra platform in 2019 is progressing slowly. However, there is bad news in store from the Danish gas deposits.

Photo: Magnus Holm, Polfoto

In two years, trouble will hit the Danish gas grid.

From being almost self-sufficient and having large stockpiles and import capacity of the commodity, problems with Danish gas deposits and the impending closure of the Tyra field in the North Sea mean that a bottleneck is approaching the market. Denmark's state-run TSO is currently planning how the more than 400,000 private and corporate customers can be secured gas in the years from 2019 to 2021.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

The 'new' Seadrill estimated to be worth USD 1.2bn

SEB evaluates that the recently restructured Seadrill will have a fair equity value of about USD 1.2bn. Since the news of the restructuring broke over the weekend, the Seadrill stock price has only plummeted.

Equinor continues advance in Q2

After a year of seeing deficits in several quarters, Equinor now maintains the fine form the company came into during the first quarter 2021.

Higher revenue didn't save Subsea 7 from bottom-line loss

Subsea 7 increased its revenue with 59 percent compared to 2020, however, it was not enough to keep the balance sheet in the black on the bottom line. The offshore company states that delays and Covid-19 impacted business in the second quarter.

Further reading

Related articles

Trial banner

Latest News

See all jobs