# Shell resumes maintenance at key Norway gas terminal

> Shell resumed maintenance at the Nyhamna gas processing terminal in Norway after a postponement caused by a cooling system problem. The outage had reduced Norwegian output and contributed to higher British and Dutch gas prices.

- Date: 2023-06-23 · published 2023-06-23T12:00:00.000Z
- Category: logistics · region Europe · magnitude low
- Page: https://feedsoft.ai/events/35686-shell-resumes-maintenance-at-key-norway-gas-terminal
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower Norwegian pipeline supply to Europe tightens the regional gas balance and lifts European gas prices. Restarting the plant eases that pressure.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-08-30 | [Norwegian Natural Gas Maintenance Has European Market on Edge](https://feedsoft.ai/events/28996-norwegian-natural-gas-maintenance-has-european-market-on-edge.md) | +9.7% | +36.3% |
| NATGAS | 2023-06-27 | [Norwegian Outages Test European Natural Gas Market, Renew Supply Concerns](https://feedsoft.ai/events/35688-norwegian-outages-test-european-natural-gas-market-renew-supply-concerns.md) | -4.1% | -0.3% |
| NATGAS | 2024-04-29 | [Natural Gas Futures Rallying as Freeport Volumes Return — MidDay Market Snapshot](https://feedsoft.ai/events/30921-natural-gas-futures-rallying-as-freeport-volumes-return-midday-market-snapshot.md) | +25.8% | +57.3% |
| NATGAS | 2024-06-03 | [Norway outage pushes European gas prices to highest this year](https://feedsoft.ai/events/7809-norway-outage-pushes-european-gas-prices-to-highest-this-year.md) | +24.9% | +9.1% |
| NATGAS | 2018-11-14 | [Cheniere starts LNG production at Texas export terminal: spokesman](https://feedsoft.ai/events/62212-cheniere-starts-lng-production-at-texas-export-terminal-spokesman.md) | +11.8% | +5.6% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/shell-resumes-maintenance-key-norway-gas-terminal-2023-06-23/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.