"The Gråsel project proves that even relatively small fields can be valuable assets, providing a very attractive return on investment and a reduced carbon footprint. The location of Gråsel in an area where there is already a well-developed infrastructure not only reduced the cost of developing the field, but also shortened the development time. Production at the field was launched only six months after the final investment decision and four months before the originally planned deadline," stressed Paweł Majewski, President of the Management Board of PGNiG SA, which is the sole owner of PGNiG Upstream Norway. "Increased utilization of the existing infrastructure also means a reduction in greenhouse gas emissions per each unit of hydrocarbons extracted in the region," Majewski added.