New Oil and Gas Exploration Licensing Round Agreed upon by Norway

morgenbladet.no

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The government continues to extract more money from the oil fund. In Thursday's revised national budget proposal, it is estimated that oil money spending this year will approach 13 percent of total value creation in this country. The growth impulse, which says something about how much gas is being given to the economy, is up to 2.5 percent.

Regjeringen.no

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The world needs large quantities of oil and gas every day. In recent years, revenues from petroleum activities have been at historically high levels, and the government expects revenues to remain high in 2025. In the revised national budget, the government estimates that the state's net cash flow from the sector this year will be NOK 698 billion.

T&T

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The Norwegian government is opening up areas for oil exploitation more widely than ever before. The decision is justified, among other things, by the threat from Russia.

nyss.no

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The government will spend 542.4 billion oil kroner in the revised national budget. – The most important thing is to keep the Norwegian economy in order, says the Minister of Finance.