Published • loading... • Updated
Norway Will Drill in Arctic Regardless of EU’s Position, Says Energy Minister
Energy Minister Terje Aasland said Norway will keep Barents Sea development to help sustain output as forecasts show production could fall after 2030.
- On Monday, Energy Minister Terje Aasland announced Norway will continue developing Barents Sea oil and gas resources, defying European Union support for an Arctic drilling moratorium.
- Following Russia's 2022 invasion of Ukraine, Norway became Europe's largest gas supplier, meeting around 30% of demand for the European Union and Britain.
- Equinor CEO Anders Opedal stated Arctic oil and gas can be shipped globally if rejected by the EU, warning, "The only thing that will suffer from this is actually European security."
- Aasland also declared the concept of Norway as Europe's "green battery" outdated, stating, "It was a flawed idea," as the country prioritizes existing power cooperation.
- Norway aims to maintain petroleum production and exports at current levels until at least 2035, with Barents Sea activity central to serving Norwegian and European interests.
Insights by Ground AI
58 Articles
58 Articles
Norway wants to further expand its natural gas production, especially in the Arctic. Objections from Brussels are ignored, Europe needs the gas anyway
·Vienna, Austria
Read Full Article
Norway Will Drill for Oil and Gas in the Barents Sea Despite European Union’s Objections * The Gateway Pundit * by Paul Serran
Norway rejects the title of ‘Europe's green battery’. The post Norway Will Drill for Oil and Gas in the Barents Sea Despite European Union’s Objections appeared first on The Gateway Pundit.
·St. Louis, United States
Read Full Article
Energy Minister: Norway Will Drill in Arctic Regardless of EU's ...
·Boca Raton, United States
Read Full Article
Norway does not want to break away from its plans for oil and gas production in the Arctic Barent Sea. Thus, the country is on a confrontation course with the EU.
·Germany
Read Full Article
·Amsterdam, Netherlands (Kingdom of the)
Read Full ArticleCoverage Details
Total News Sources58
Leaning Left8Leaning Right13Center7Last UpdatedBias Distribution46% Right
Bias Distribution
- 46% of the sources lean Right
46% Right
L 29%
C 25%
R 46%
Factuality
To view factuality data please Upgrade to Premium
