Norway Oil Minister Will Continue To Provide New Acreage For Exploration



Norway Oil Minister Will Continue To Provide New Acreage For Exploration
Norway must continue to provide energy firms with new opportunities to explore for oil and gas, the country's newly appointed minister of petroleum and energy told Reuters.

Reuters

OSLO, Jan 5 (Reuters) - Norway must continue to provide energy firms with new opportunities to explore for oil and gas, the country's newly appointed minister of petroleum and energy told Reuters on Thursday.

"I will be on the offensive when it comes to awarding new acreage to ensure the continued development of this industry," Terje Soeviknes said on the sidelines of a business conference.

Representing the right-wing Progress Party, the junior partner in Norway's coalition government, Soeviknes was appointed in late December to replace long-serving energy minister Tord Lien of the same party.

Norway is western Europe's largest producer of oil and natural gas.

(Reporting by Joachim Dagenborg, editing by Terje Solsvik)



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