A gas pipeline to the Barents Sea will be a huge wrongful investment, says Greenpeace Norway.
It is an investment of NOK 12.5 billion. But in a report that was delivered to Sylvi Listhaug (Frp), Minister for Oil and Energy on Monday, Gassco concludes that building a gas pipeline to the Barents Sea can be profitable.
This causes Greenpeace Norway to respond.
– We risk investing billions in new gas infrastructure that will be decommissioned as the EU phases out gas as an energy source. It is a huge investment of folly, which could not have happened at a less favourable time than in the climate crisis we are now in, ” says campaign manager Erlend Tellnes.
He thinks the money should rather be spent on renewable energy, such as a commitment to offshore wind.
The Progress Party’s energy policy spokesperson Terje Halleland, for his part believes that the Gassco’s report is good news. He highlights the effects that increased gas exports from the Barents Sea could have for Northern Norway as a region.
– Expanded exploration activity and processing on land, will add new and important jobs in the North and bring large revenue that can benefit the entire community, says Halleland.
He advocates a progressive petroleum policy so that the potential of the Barents Sea can be fully exploited.
© NTB Scanpix / #Norway Today