US EditionMiddle East turmoil revives Norway push for Arctic drilling
Norway urges EU to reconsider Arctic drilling ban amid Middle East turmoil, highlighting 60% of 3.48 billion cubic meters of undiscovered oil and gas in the Barents Sea.
- With Iran blocking the Strait of Hormuz, a crucial conduit for oil and gas deliveries, Norwegian politicians and business circles have been quick to lobby for the planned ban on Arctic drilling to be scrapped.
- Norway supplies nearly a third of Europe's gas needs after the war in Ukraine cut Russian gas deliveries, and the government proposed opening 70 new blocs, more than half in the Arctic waters of the Barents Sea.
- Environmental and climate activists have warned against Arctic drilling, citing concerns over its impact on the environment and security challenges.
55 Articles
55 Articles
As Europe's main supplier of gas to Ukraine's war, Norway is seeking to gain Brussels' benevolence in drilling in the Arctic, pointing to the vulnerability of supplies from the Middle East. ...
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Middle East turmoil revives Norway push for Arctic drilling
Already the continent's biggest single supplier of natural gas since Russia invaded Ukraine, Norway is hoping to use the Middle East war to get European Union blessing to drill in the Arctic.
As tensions in the Middle East weaken energy supplies, Oslo is stepping up its efforts to convince the European Union to relax its position on drilling in polar waters. As the main supplier of natural gas to the European continent since the conflict in Ukraine, Norway is now seeking to consolidate this strategic role. The Norwegian government is also working on the [...] Read more Norway is focusing on geopolitics to open up the Arctic to gas ex…
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