Norway helps bridge Europe's Russian shortfall; tax breaks generate surge of investment.

  • Published In: Oil & Energy Trends, 2023, v. 48, n. 4. P. 3 1 of 2

  • Database: Business Source Ultimate 2 of 2

Abstract

In the wake of sanctions, it appears that Europe has been able to replace Russian oil and gas relatively easily despite its heavy dependence (while Moscow has also found willing alternative outlets). In 2022, levels rose sharply as Norway pulled out all the stops to supply Europe, with output reaching 122 bn m SP 3 sp , where it is expected to remain for several years.[2] High prices mean the country is benefitting hugely from the sales. [Extracted from the article]

Additional Information

  • Source:Oil & Energy Trends. 2023/04, Vol. 48, Issue 4, p3
  • Document Type:Article
  • Subject Area:Environmental Sciences
  • Publication Date:2023
  • ISSN:0950-1045
  • DOI:10.1111/oet.12984
  • Accession Number:163190353
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