Jan 27, 2011

Statoil curbs output at Troll field



Production at the giant Troll oil and gas field will be curbed from Thursday for repairs that would last less than a week, while two other North Sea fields have resumed production, operator Statoil said.
The news on Troll, the largest gas reservoir off Norway, came as UK day-ahead gas prices surged to three-week highs, after flows of Norwegian gas dived, and North Sea crude oil reached its biggest premium over U.S. oil for two years. 
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Source: Reuters

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