Euroil Week 50 2019
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Issue 522 19•December•2019 Week 50
Conservatives sail to victory
Boris Johnson’s Conservative party sailed to victory in December 12’s election in the UK, capturing 365 seats. This is likely good news for the oil industry.
Doubts loom over TurkStream
TurkStream is all but complete, but because of weak gas demand in Turkey and construction delays in Bulgaria, it may not flow much gas.
Finland, Estonia form gas link
A new pipeline between Finland and Estonia has been completed, giving Finland access to LNG supplies from northern Europe.
Equinor scraps oil terminal plan
Norway’s Equinor has abandoned plans for a Castberg oil terminal, after concluding that the project was uneconomical.
