NORWAY PENSION FUND RETURNED -14.1% YET
NBIM - 07 MAR 2023 - Annual report 2022
A turbulent year
The fund returned -14.1 percent, or -1,637 billion kroner, in a year of rising interest rates, high inflation and war in Europe. However, the market value of the fund increased by 90 million kroner in 2022. This was because the krone fell against the currencies in which the fund is invested, and because new capital was added to the fund. The fund’s return was 0.87 percentage point higher than the return on the benchmark index, equivalent to 117 billion kroner.
2023, February, 22, 11:05:00NORWAY OIL, GAS PRODUCTION 1.979 MBD
Preliminary production figures for January 2023 show an average daily production of 1 979 000 barrels of oil, NGL and condensate.
2023, February, 3, 10:55:00NORWAY PENSION FUND RETURNED -14.1%
In 2022, the Government Pension Fund Global returned -14.1 percent, equivalent to -1,637 billion kroner.
2023, January, 23, 12:05:00NORWAY OIL, GAS PRODUCTION 1.983 MBD
Preliminary production figures for December 2022 show an average daily production of 1 983 000 barrels of oil, NGL and condensate.
2023, January, 11, 11:30:00NORWAY'S GAS TO EUROPE GROWTH
Norway has pledged to do as much as it can to boost gas deliveries to Europe to help counter record high gas prices triggered by the war in Ukraine and much lower Russian supplies.
2022, November, 23, 10:05:00NORWAY OIL, GAS PRODUCTION 1.950 MBD
Preliminary production figures for October 2022 show an average daily production of 1 950 000 barrels of oil, NGL and condensate.