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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- Aasland also declared the concept of Norway as Europe's "green battery" outdated, stating, "It was a flawed idea," as the country prioritizes existing power cooperation.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.
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50 Articles
50 Articles
Energy Minister: Norway Will Drill in Arctic Regardless of EU's ...
·Boca Raton, United States
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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
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Norway has the right to develop oil and gas resources in the Barents Sea, even if the EU may be against it, says minister.
·Copenhagen, Denmark
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Norway's energy minister has announced his country's decision to continue drilling in the Arctic despite opposition from the European Union.
·Tehran, Iran (Islamic Republic of)
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Total News Sources50
Leaning Left7Leaning Right11Center7Last UpdatedBias Distribution44% Right
Bias Distribution
- 44% of the sources lean Right
44% Right
L 28%
C 28%
R 44%
Factuality
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