Statoil bins Kristin gas project over costs

Kristin plug pulled: Statoil chief executive Helge Lund

"Unsustainable economics" have forced Statoil to axe a gas export project that was to link the Kristin field to the Polarled pipeline.

User

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login