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2016-02-28 20:50:00

NORWEGIAN GAS FOR EUROPE

NORWEGIAN GAS FOR EUROPE

Citing his support for development of a competitive natural gas market in Europe, Norway's minister of petroleum and energy, Tord Lien, said a well functioning market in Europe is crucial for the maximisation of Norwegian assets. "Gas is there if Europe needs it."

Lien spoke at an event on February 25 at the Atlantic Council. Norway is the second biggest gas supplier after Russia to the continent. Europe, he added, receives one third of its gas resources from Norway.

Norway has more than 100 years' experience of industrial activities in the waters of the Norwegian arctic, he said, adding, that the country has…

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Tags: NORWAY, GAS, EUROPE, RUSSIA

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NORWEGIAN GAS FOR EUROPE
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