‘We are talking about energy security for Europe’: Norway doubles down on oil and gas production

AI Summary

Norway's energy minister emphasized the country's commitment to expand oil and gas production to ensure energy security for Europe amidst disruptions due to conflicts in Ukraine and the Middle East. This announcement aims to address the supply shortfalls caused by these geopolitical tensions.

Norway’s energy minister says country has a ‘responsibility’ to address shortfalls caused by wars in Ukraine and Middle East In case of any doubt about Norway’s commitment to maintain – and expand – its production of gas and oil offshore, the energy minister, Terje Aasland, has a pithy response: “We will develop, not dismantle, activity on our continental shelf.” This week, to the alarm of environmental campaigners, he announced that three gasfields off the country’s southern coast would reopen by the end of 2028 – nearly three decades after they closed – to meet a shortfall caused by the impact of the war in Ukraine and disruption to supplies from the Middle East. Continue reading...