Sval to acquire stake in Polarled
Polarled is the first pipeline on the Norwegian continental shelf crossing the Arctic Circle. The pipeline was completed in 2017, and has delivered gas to the Nyhamna gas terminal since the fourth quarter of 2018, when the Aasta Hansteen field achieved first production. Polarled has been designed to allow the connection of additional future developments in the area. Gassco AS is the operator of the pipeline on behalf of the Polarled Joint Venture.