Large parts of the infrastructure in the Gassled partnership, as the gas export pipelines, have license periods that expire in 2028, and the state has the right of reversion at the end of the license period. Other parts of the gas transport system have longer license periods.
Gassled-owners conveyed a need for early clarification regarding ownership of the infrastructure after 2028 to ensure prudent long-term decision making. The Ministry consequently announced in 2023 that the State will make use of the right of reversion when the licenses expire and wants a full state ownership of the key parts of the upstream gas infrastructure. At the request of owners, the State then offered to take over ownership of the infrastructure before the licence period expires.
The Ministry has entered into purchase agreements of interests in key parts of the gas infrastructure with 7 different companies. Equinor Energy AS have accepted the offer but will continue to own a minority share in Nyhamna JV and Polarled JV.
M Vest Energy AS and North Sea Infrastructure AS (NSI) did not accept the State’s offer and hence NSI remains a Nyhamna and Vestprosess owner.
Nyhamna JV has a license period to 2042. Vestprosess DA do not have a license period.