Introduction 

The Natural Gas (NG) business area is responsible for StatoilHydro's transportation, processing and marketing of pipeline gas and LNG worldwide, including the development of additional processing, transportation and storage capacity.

NG is responsible for marketing gas supplies originating from the Norwegian State's direct financial interest (SDFI). In total, we account for approximately 80% of all Norwegian gas exports and are responsible for technical operation of the majority of export pipelines and onshore plants in the processing and transportation systems for Norwegian gas (Gassled).

NG's business is conducted from three locations in Norway (Stavanger, Kårstø and Kollsnes) and from offices in Belgium, the UK, Germany, Turkey, Singapore, Azerbaijan and the USA. 

In 2008, we sold 37.0 bcm (1.31 tcf) of natural gas from the NCS on our own behalf, in addition to approximately 32.0 bcm (1.13 tcf) of NCS gas on behalf of the Norwegian State. StatoilHydro's total European gas sales, including third party gas, were 76.8 bcm (2.71 tcf) in 2008. That makes us the second largest gas supplier in Europe with a market share of around 15% in the European gas market.

From our international positions (mainly Azerbaijan and the USA), we sold 4.1 bcm (0.4 tcf) of gas in 2008, 2.3 bcm (0.1 tcf) of which was entitlement gas.

We have a significant interest in the NCS pipeline system owned by Gassled, which is the world's largest offshore gas pipeline transportation system, totalling approximately 7800 kilometres. This network links gas fields on the NCS with processing plants on the Norwegian mainland, as well as terminals at six landing points located in France, Germany, Belgium and the United Kingdom, providing us with flexible access to customers throughout Europe.

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