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UK-Norway North Sea Co-operation Workgroup - Transport & Infrastructure Theme Simon C Bennett Business Unit Leader

UK-Norway North Sea Co-operation Workgroup - Transport & Infrastructure Theme Simon C Bennett Business Unit Leader BP, North Sea Infrastructure. Overview – Where are We?. Business Context. UK gas demand and security of supply – Norway gas resource

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UK-Norway North Sea Co-operation Workgroup - Transport & Infrastructure Theme Simon C Bennett Business Unit Leader

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  1. UK-Norway North Sea Co-operation Workgroup - Transport & Infrastructure Theme Simon C Bennett Business Unit Leader BP, North Sea Infrastructure

  2. Overview – Where are We? Business Context • UK gas demand and security of supply – Norway gas resource • Inefficient or sub-optimal development of near median line resource • Infrastructure ullage • Hurdles to cross border business … • … some joint, some UK, some Norway • … some real, some perceived Progress • T&I being worked both Norway and UK sides • Key issues • Case Studies • How to overcome hurdles • Government involvement

  3. Issues being worked Physical/TechnicalNTS CapacityFiscalGovernment/LegalInfrastructure Marketing

  4. Issue groupings

  5. Case Studies & Teams NPD / DTI will input to all Cases * Lead

  6. Issues for Gov’t - Gov’t Attention o • Treaty clarification & enhancements • Tax transparency & leakage • Joint Infrastructure Code of Practice? • Helping industry understand and adapt to UK-Norway-EU issues, e.g. Competition Law • Participation and Technical input to case studies

  7. Forward Plan • Develop case studies jointly to illustrate the issues • Seek ways forward on solutions • Identify global analogues where barriers have been addressed • Provide input to the Economics Group to assist in defining the size of the prize • Joint report under development • Further joint T&I Group Meetings planned for June

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