More Natural Gas Supply Woes For Europe As Norwegian Oil And Gas Workers Go On Strike

Equinor is responsible for around 70% of gas production in Norway  

Bloomberg: Europe Gas Trades Near 4-Month High With Norway, Russia in Focus 

(Bloomberg) -- European natural gas prices extended gains to the highest level in almost four months on persistent supply concerns amid the worst energy crunch in decades. 

Benchmark futures jumped as much as 3.7% for a fifth consecutive advance. 

European energy markets are in turmoil with Russia’s supplies at multiyear lows, coupled with intense competition for liquefied natural gas with Asia, where prices soared to the highest ever seen during the summer. 

Traders are also closely watching exports from Norway, where strikes planned for this week threaten to cut gas and oil production. Output at three fields began shutting on Tuesday as the strike started, with two more walkouts planned in the coming days.  

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WNU Editor: The timing of this fire is very suspicious .... Fire Breaks Out at Norway's Only Refinery (Maritime Executive). 

More Natural Gas Supply Woes For Europe As Norwegian Oil And Gas Workers Go On Strike  

Norway: Oil and gas workers strike amid energy shortage -- DW  

European Gas Rises With Norway Strike Adding to Supply Fears -- Bloomberg  

Oil and gas workers are on strike in Norway, and it's escalating Europe's natural-gas crisis a week before a key pipeline with Russia shuts for maintenance -- Business Insider  

Energy crisis hell: Prices SOAR to record high in UK as strikes force gas fields to shut -- Express  

Norway’s oil, gas workers start strike over pay, affecting output -- Al Jazeera