Ministry of Petroleum and Energy
In cooperation with the Norwegian Petroleum Directorate, The Ministry of Petroleum and Energy has published a new edition of its annual book on the Norwegian petroleum sector, Facts 2014. The publication gives a comprehensive overview of the petroleum activity on the Norwegian continental shelf (NCS).
Norwegian gas accounts for about a quarter of the gas consumption in the EU. New projections show that Norway will be able to supply flexible and reliable gas for many decades, gas that offers an opportunity for affordable and efficient emission cuts in Europe. However, clear market signals from the EU are important when future gas export solutions from our High North shall be decided.
- This is an important day for Norway. The Sverdrup project is by far Norway's largest industrial project, and is estimated to generate more than NOK 900 billion in future revenues to the state. The development has been of great importance during a tough period for the oil service industry. It provides jobs and ripple effects throughout the country. Phase 1 and 2 combined can create up to 150.000 man-years in the period to 2025, says Søviknes.
About the ministry
The content about Norwegian petroleum activities is updated. The website is also improved to give a better user experience and overview of contents, especially on mobile phones.
The Norwegian energy facts website EnergyfactsNorway.no is now available in English. The site contains facts about the Norwegian energy system, and can be a useful source of information for the energy sector, educational institutions, the public sector, businesses and institutions that cooperate with the energy sector.
What's new from this ministry
Phone: + 47 22 24 90 90
Address: Akersgata 59, 0033 Oslo, Postboks 8148 Dep, 0033 Oslo