Optimism in Gas Price

Rune Bjørnson, the head of the gas unit of Statoil, believes that the recent situation in the gas market has stabilized and will continue improving. “Spot prices in historical perspective are at a decent level. And the market is waiting for growth “, – the top-manager told to Hegnar.

As predicted by Bjørnson, in 2013 the price will reach a maximum, which was observed before the financial crisis.

In the second quarter of 2010 average price of gas sold by Statoil was up to 1.6 kroner per standard cubic meter (265 dollars per 1000 cubic meters). In 2008, the price remained at 2.4 kroner per cubic meter

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