NEWS

OSLO (Reuters) – Norway’s Nyhamna gas export terminal is closing down as security guards at the plant go on strike, cutting volumes by an expected 50 million standard cubic metres (mcm) of gas per day, system operator Gassco said on Saturday.

Gassco said on Friday the plant would have to close unless the planned strike was called off, triggering a spike in British gas prices.

“Gassco is in the middle of safely shutting down Nyhamna. Our focus today is to reroute gas to minimise the negative effect, especially towards the UK,” Alfred Hansen, head of Gassco’s operations, told Reuters.

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