Source Pravda.Ru

Statoil Sets Up Infrastructure Company For Snohvit Development In The Barents Sea

An infrastructure company is being set up in Hammerfest with Statoil support to lay the basis for industrial development related to the group's Snohvit development in the Barents Sea.

Called Barents NaturEnergi, the new enterprise will focus on opportunities for commercial utilization of energy products such as coolant and heated water and natural gas. It is intended to be a prime mover for establishing new activity in the far northern county of Finnmark, and for adopting forward-looking, environmentally friendly technology. Another goal is to create a regional gas company, and Barents NaturEnergi will study opportunities for gas distribution in the Barents region. "This venture is based on a very good collaboration between its owners, local business interests and politicians," says Kare Haaland, head of business development in Statoil's industrial development unit.

The group has a 30 percent shareholding, with Hammerfest local authority, Hammerfest Naeringsinvest, Siva and the Hammerfest Elverk power utility as the other owners.

Visit to

&to=http://www.statoil.com/' target=_blank>STATOIL

Comments
X-Files of Soviet Defense Ministry exposed
Without INF Treaty, USA can destroy Russian nuclear weapons easily
Without INF Treaty, USA can destroy Russian nuclear weapons easily
Austrian spy scandal: Russian intelligence falls flat on its face
Austrian spy scandal: Russian intelligence falls flat on its face
On the report of Human Rights Watch against the DPRK
Russia negotiates with terrorists in Moscow
On the report of Human Rights Watch against the DPRK
On the report of Human Rights Watch against the DPRK
On the report of Human Rights Watch against the DPRK
World War I: Remembering the fallen, and the war criminals
Russia sends assault ships to counter US aircraft carriers in the Mediterranean Sea
Russia sends assault ships to counter US aircraft carriers in the Mediterranean Sea
Russia sends assault ships to counter US aircraft carriers in the Mediterranean Sea
Without INF Treaty, USA can destroy Russian nuclear weapons easily
Norwegians complain of demoralised NATO soldiers
The difference between Polish and Ukrainian nationalism is plain to see
Russia sends assault ships to counter US aircraft carriers in the Mediterranean Sea
Mikhail Gorbachev shares his thoughts on nuclear war
Russia sets S-300 systems in Syria on combat readiness
Without INF Treaty, USA can destroy Russian nuclear weapons easily