BMI View: Denmark is hoping to avoid becoming an oil and gas importer for another few years, despite declining production. The government is confident the country will sustain its position as a net exporter of oil and gas until the end of the decade. We expect a partial recovery in volumes over the medium term. However, we forecast that Denmark will become a net oil importer by 2019, while gas exports will become increasingly thin by the end of our forecast period. The main trends and developments in Denmark’s oil & gas sector are: ? We are forecasting oil reserves …
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