Questerre Energy Corporation

Hi.

Not so good from Norwegian export but bether for shale-gas in America.

http://www.tu.no/miljo/article234278.ece

LNG

- Many believe that shale gas will change the gas markets. It will mean death for the export of LNG to the United States. A sign of this is that there are many LNG ships is laid up (Without kontrack). What will the change mean for Statoil?

Long-term

Natural gas accounts for an increasing share of petroleum production on the Norwegian continental shelf. The fall in oil production is compensated with more gas. Most new discoveries are made in the 2000s is of the gas, and international oil companies like Shell looks at gas as the most important contribution in the energy sector over the next few decades.

- What is the group's views on natural gas?

- Historically, natural gas provided good returns and we have long-term faith in the natural gas. This is a competitive fuel where there are large reserves. Natural gas is the cleanest of the fossil fuels and will be very important in a period of transition to renewable energy resources. Currently natural gas is the only option for reducing CO2 emissions on a large scale in the OECD countries. Close to 2 / 3 of the emissions of CO2 will be gone by a transition to gas power rather than the old coal power plants.

- We believe that it will mean a lot of countries in Europe, but not least in the U.S., where a large portion of power generation based on coal. The advantage of gas power plants is that they are quick to build and easy to run in time. Much of the development will depend on how different countries interpret the agreement that was signed in Copenhagen just before Christmas.

http://www.nrk.no/nyheter/distrikt/rogaland/haugaland/1.6785002

http://www.h-avis.no/nyheter/skip-i-opplag-pa-fosen-1.1768858

3 LNG ships laid up

Karmsund Port Authority has had high demand from shipping companies over the summer that will add ships are laid up .

Now there is a total of 17 ships laid up in the harbor district.

There are seven container vessels, three car carriers, three LNG carriers (natural gas) and four smaller dry cargo vessels at Karmøy.