Statoil is the operator of Europe’s only export facility for liquefied natural gas (LNG).
The Snøhvit field in the Barents Sea has no offshore installations which are visible above the surface.
The Arctic gas is sent ashore through a 143 kilometer long pipeline to Melkøya near Hammerfest. There, the gas is processed before being cooled down to liquid form and shipped on special ships to customers around the world.
Snøhvit has made Statoil a player in a globalised gas market in which the LNG brings regional markets closer together. LNG means more options for both buyer and seller, which increases the flexibility for both parties.