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NMC Petroleum Strategy Workshop, Stavanger 24th nov. 2005 1 Northern Maritime Corridor Petroleum Strategy Workshop, Stavanger 24. november 2005 The Barents.

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Presentation on theme: "NMC Petroleum Strategy Workshop, Stavanger 24th nov. 2005 1 Northern Maritime Corridor Petroleum Strategy Workshop, Stavanger 24. november 2005 The Barents."— Presentation transcript:

1 NMC Petroleum Strategy Workshop, Stavanger 24th nov Northern Maritime Corridor Petroleum Strategy Workshop, Stavanger 24. november 2005 The Barents Region in a global energy perspective Subjects: ● Geopolitical issues ● Norwegian strategy ● Challenges of importance By: Johan Petter Barlindhaug Barlindhaug AS

2 NMC Petroleum Strategy Workshop, Stavanger 24th nov Global demand Oil & Gas demand New production Existing production Million barrels o. e. per day N.Africa Caspian & Middle East Rest of the world Arctic Yet To Find Potential

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4 4 LNG Import to USA

5 NMC Petroleum Strategy Workshop, Stavanger 24th nov  A Major Energy Basin for Europe and USA  Easily accessible  Political stable  Important in a diversification strategy  LNG to USA and Europe  Pipeline gas to Europe  A transportation outlet for oil produced in Western Siberia Petroleum Province of Global Importance

6 NMC Petroleum Strategy Workshop, Stavanger 24th nov Norwegian Policy of the North  As a ocean power  Strengthening the role of Norwegian governance  Sustainable development  As an energy power  Show predictability and due concern to the security of supply  Special confidence to USA and EU-countries as consumer nations  Special confidence to Russia as a neighbour  A flexible development strategy of relevance

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12 NMC Petroleum Strategy Workshop, Stavanger 24th nov Development concept – Northern Barents Sea

13 NMC Petroleum Strategy Workshop, Stavanger 24th nov Challenges of Importance  Environmental concern  Advanced sub sea technology  Integrated development concepts  High development costs  Close cooperation on infrastructure


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