Norwegian government rebuked over decision to reopen North Sea gas fields

The Guardian World ·

Norwegian government rebuked over decision to reopen North Sea gas fields

The Norwegian government has been heavily criticism for approving plans to reopen three North Sea gas fields nearly three decades after they were closed to help fill the gap in energy supplies …

The Norwegian government has been heavily criticism for approving plans to reopen three North Sea gas fields nearly three decades after they were closed to help fill the gap in energy supplies created by the Middle East war. Amid sharp price rises in oil and gas since the US and Israel’s attack on Iran in February, Oslo has also given its approval for oil and gas companies to explore in 70 new locations in the North Sea, Barents Sea and Norwegian Sea. The decision by the Labour-run government goes against the advice of the country’s environment agency and has infuriated left-leaning parties. “We live in troubled times,” the prime minister, Jonas Gahr Støre, said as he announced the decision, which would “create great value for the community, lay the foundation for good jobs throughout the country, ensure our common welfare and contribute to Europe’s energy security and safety”. The Albuskjell, Vest Ekofisk and Tommeliten Gamma gas fields in the North Sea were closed in 1998. The government plans to spend 19bn kroner (£1.5bn) on restarting them by the end of 2028 with production to continue until 2048. The gas will be sent by pipeline to Germany and light oil will be sent to the UK. Norway set out the plan to expand its North Sea oil and gas production amid a row in the UK over the future of hydrocarbons in UK waters. …

Original source: The Guardian World

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Germany · Middle East · North Sea · Ed Miliband · Conservative