Denmark should continue to extract its own gas in the North Sea at the Tyra II natural gas field until the very last moment in 2050. This is stated by the CEO of the Confederation of Danish Industry, Lars Sandahl Sørensen, at the official reopening of the gas field in Esbjerg.
- We should reduce our dependence on oil and gas from countries outside Europe – especially from Russia. This makes Tyra II not just a Danish project, but a European opportunity, he says.
Today, Tyra II has permits to produce until 2042. This means that gas production is set to stop, eight years before the Danish Parliament's North Sea Agreement officially puts an end to the Danish oil and gas adventure in 2050.
The North Sea Agreement was concluded as a major climate policy achievement, where Denmark made its mark internationally by setting an end date for oil and gas production.
If it is up to the Confederation of Danish Industry, climate policy should not be over-implemented by taking the field out of operation prematurely.
- As part of the decision to reopen the Tyra field, we should reconsider the possibility of utilizing the existing licenses all the way up to 2050 – and not just until 2042, when the current permits expire, says Lars Sandahl Sørensen.
The Tyra field has been a fossil fuel source for Denmark with oil and gas production for decades, since the field was discovered in 1968. In 2019, however, gas extraction was paused because the drilling platform needed to be renovated. Production resumed in 2024, and on Monday the field was officially reopened with a ceremony at the Port of Esbjerg.
For the Confederation of Danish Industry, it is a big day.
- The reopening of Tyra II marks a historic day for both Denmark's and Europe's energy security, says Lars Sandahl Sørensen.
/ritzau/
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