The EU supports the development of deposits in Norway.
The European Union considers Norway to be a reliable supplier of oil and gas and intends to support the exploration of fields in this country. This is stated in a statement following a meeting between EC Vice President Frans Timmermans and Norwegian Energy Minister Terje Aasland, Interfax-Ukraine reported.
According to the document, Norway is the largest oil and gas producer in Europe , and Norwegian supplies account for a quarter of gas imports to the EU. It is noted that the volume of relevant production in Norway increased in the first months of 2022.
The release of the statement states: “Norway still has significant reserves of oil and gas and can due to exploration, discovery of new fields and the introduction of to remain a major supplier of these resources to Europe in the long run, after 2030. The EU supports Norway's continued exploration and investment to supply oil and gas to the European market. “
The document stressed” Norway's reliability in the role of a safe and prudent supplier of oil and gas to Europe for more than 50 years “.
The parties also recalled the importance of the EU Energy Procurement Platform established on 7 April 2022 in order to ensure affordable energy supply to the EU and reduce dependence on Russian gas.
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Earlier it was reported that n Olsk's prime minister has invited Norway to share the profits with countries suffering from rising fuel prices. According to him, Norway's huge revenues from oil and gas suggest that it is “indirectly profiting from the war.”
