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Norway backs down from its plans to help Europe solve the energy crisis

2022-11-30T09:52:50.388Z

Oslo, SANA- Norway confirmed today that it will not issue foreign licenses to develop oil and gas fields on its lands, for a period of time



Oslo-SANA

Norway confirmed today that it will not issue external licenses to develop oil and gas fields on its soil, for a period of 3 years.

According to the British newspaper, the Financial Times, this announcement comes within the framework of an internal political deal between the government and the left to pass the state budget, as the two sides agreed that the 26th round of licensing will not take place during the current parliament, whose term ends in September 2025.

The newspaper indicated that this step completely contradicts the promises made by Norway to do everything in its power to help Europe solve the energy crisis.

Norway is one of the main energy suppliers to Europe, as the country has currently increased its production of hydrocarbons and gas, in an attempt to compensate for the shortfall that occurred after Russia suspended fuel supplies to a number of European Union countries in response to the sanctions it imposed on Moscow, which created a suffocating crisis that affected the economies of countries. the Union.

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Source: sena

All news articles on 2022-11-30

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