Article ID Journal Published Year Pages File Type
1735768 Energy 2009 9 Pages PDF
Abstract

Denmark possesses only a small share of the exploitation rights to North Sea oil and is a minor producer when compared to Norway and the UK. However, Denmark is still an oil exporter and a very important supplier of oil for certain countries, in particular Sweden.A field-by-field analysis of the Danish oil and gas fields, combined with estimated production contribution from new field developments, enhanced oil recovery and undiscovered fields, provides a future production outlook. The conclusion from this analysis is that by 2030 Denmark will no longer be an oil or gas exporter at all. Our results are also in agreement with the Danish Energy Authority's own forecast, and may be seen as an independent confirmation of their general statements.Decreasing Danish oil production, coupled with a rapid decline in Norway's oil output, will force Sweden to import oil from more distant markets in the future, dramatically reducing Swedish energy security. If no new gas suppliers are introduced to the Swedish grid, then Swedish gas consumption is clearly predestined to crumble alongside declining Danish production. Future hydrocarbon production from Denmark displays a clear link to Sweden's future energy security.

Related Topics
Physical Sciences and Engineering Energy Energy (General)
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