"The Norwegian government plans to spend 19bn kroner on restarting the Albuskjell, Vest Ekofisk, and Tommeliten Gamma gas fields by the end of 2028, with production continuing until 2048."
"Prime Minister Jonas Gahr Stre stated that the decision would create great value for the community, ensure common welfare, and contribute to Europe's energy security and safety."
"Climate campaigners argue that the reopening of these gas fields undermines the UK's climate agenda, while some industry experts suggest that domestic fossil fuels could lead to lower emissions compared to imports."
"Norway's state oil company, Equinor, is looking to develop the Rosebank oil field, while Shell awaits a government decision on its Jackdaw gas project."
The Norwegian government has approved the reopening of three North Sea gas fields, closed since 1998, to address energy supply shortages caused by the Middle East conflict. This decision includes exploration in 70 new locations across the North Sea, Barents Sea, and Norwegian Sea. The government plans to invest 19 billion kroner to restart production by 2028, aiming to enhance energy security for Europe. The move has faced criticism from environmental groups and left-leaning parties, contradicting advice from the country's environment agency.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]