Mediation will take place on Monday 15 February between the union SAFE and Norwegian Oil and Gas Association. This can potentially lead to a strike which could affect activity at the terminal at Mongstad.
The tariff agreement in scope for mediation is the Oil Agreement - Oljeoverenskomsten 224. The agreement is between YS/Safe, Negotia and Norwegian Oil and Gas Association/Norsk Industri.
In the event of this mediation not being successful, SAFE has announced that 12 of their members at the Mongstad terminal could be on strike from midnight 15 February.
Key data points: The growth forecast = 5.0% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in tight gas market to 2031 by type (processed tight gas and unprocessed tight gas), application (residential, commercial, industrial production, power generation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Download free sample pagesThe effect of a potential strike could reduce crude storage and harbour capacity at the terminal at Equinor Mongstad refinery, which could affect the production at several Equinor operated fields on the NCS, including Johan Sverdrup and Troll and it could be necessary to shut down production there until further notice.
A possible strike could also impact gas exports from the Troll area, and could also impact the Kvitebjørn, Visund, Byrding, Fram and Valemon fields.
