Profile

Njord Gas Infrastructure is a Norwegian corporate group headquartered in Stavanger, Norway. Njord Gas Infrastructure was established in 2010 by its foundation shareholders – UBS International Infrastructure Fund and CDC Infrastructure – as a vehicle through which they could make long-term investments into Gassled. Those foundation shareholders recognised that establishing a Norway-based corporate group and dedicated management team was the best way to protect their investment and to ensure that Njord Gas Infrastructure would be able to discharge its substantial duties, especially in relation to health, safety and the environment, as a Gassled participant and licensee on the Norwegian continental shelf.

Mission Statement

Njord Gas Infrastructure recognises that Gassled is an essential strategic component of the Norwegian petroleum sector and fundamentally important to the Norwegian economy. We aim to ensure that the customers of Gassled receive world-class and cost-efficient gas transmission and processing services and that Gassco delivers outstanding health, safety and environment performance while maintaining Gassled system integrity and reliability. Subject to achieving these aims, we hope to deliver attractive risk-adjusted returns to our investors.

Primacy of health, safety and the environment

Njord Gas Infrastructure recognises that developing, operating and maintaining gas infrastructure serving the Norwegian continental shelf requires a constant focus on health and safety – the staff of Gassco and its technical services providers and subcontractors work in hostile conditions on land and at sea and consequently, all efforts must be made to ensure that work is conducted in accordance with best practices.

We also recognise that the environment of Norway – the sea, fjords, waterways, earth, air, built environment and flora and fauna - is precious and must be protected in accordance with the laws of Norway.

We aim to ensure that Njord Gas Infrastructure conducts its activities in a manner which is consistent with and promotes these considerations. We give primacy to these considerations in our undertakings. Our health and safety and environment policies are presented in About Njord Gas Infrastructure.