Published 2 years ago

Norway Expects To Earn Record $131 Billion From Oil And Gas In 2023

Summary by IBTimes

The Norwegian government expects record income next year from its oil and gas industry, it said on Thursday, predicting a rise of 18% from this year's level and a fivefold increase over 2021 as production rises and prices soar.

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Norway Expects To Earn Record $131 Billion From Oil And Gas In 2023

2 years ago·United States

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Norway expects to earn record $131 billion from oil and gas in 2023

By Terje Solsvik and Nerijus AdomaitisOSLO (Reuters) -The Norwegian government expects record income next year from its oil and gas industry, it said on Thursday, predicting a rise of 18% from this year’s level and a fivefold increase over 2021 as production rises and prices soar.European gas prices have roughly tripled in 2022 following Russia’s cut in supplies both before and after its invasion of neighbouring Ukraine, and the price is up tenf…

2 years ago·San Diego, United States

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