Norway Govt Presents Johan Castberg Oilfield Plan To Parliament



Reuters

OSLO, April 10 (Reuters) - Norwegian government on Tuesday presented Arctic Johan Castberg oilfield development plan for the parliament's approval, the oil ministry said.

Statoil said it expected the development in the Barents Sea to cost 49 billion Norwegian crowns ($6.27 billion) when presenting the plan to the government last December.

($1 = 7.8141 Norwegian crowns) (Reporting by Nerijus Adomaitis)



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