norways government should prepare for a future with lower oil and gas
Last Updated : GMT 05:21:58
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 05:21:58
Arab Today, arab today

Norway's government should prepare for a future with lower oil and gas

Arab Today, arab today

Arab Today, arab today Norway's government should prepare for a future with lower oil and gas

Norway's government
Oslo - WAM

Norway manages its significant hydrocarbon resources and revenues in a sustainable way, and remains a reliable supplier of oil and gas, but Norway's government should prepare for a future with lower oil and gas revenues.

The recommendations were made in the International Energy Agency's latest assessment of Norway's energy policies.

"As one of the world's largest energy exporters, Norway plays a leading role in advancing global energy security," said IEA Deputy Executive Director Paul Simons, speaking at the launch of the report. "At the same time, Norway is fully committed to environmental sustainability."

Norway's remaining oil and gas resources are considerable. Only a third of the country's estimated discovered and undiscovered gas resources, and half of its oil resources, have been produced. While reducing the global economy's carbon emissions remains a priority worldwide, the IEA expects that substantial volumes of oil and gas will still be needed for years to come. As such, the report welcomes the government's efforts to encourage increases in Norway's production. The IEA's analysis also recognizes that the government takes into account environmental considerations in managing its oil and gas resources.

The report also highlights Norway's large hydropower generation as another valuable energy asset particularly at a time when European electricity markets are integrating and variable renewable energy generation is growing. More cross-border connections are coming online and will help realise the full potential of hydropower for balancing variations in demand and supply in the regional market.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

norways government should prepare for a future with lower oil and gas norways government should prepare for a future with lower oil and gas

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

norways government should prepare for a future with lower oil and gas norways government should prepare for a future with lower oil and gas

 



Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today For the Variety of Interior Design Styles

GMT 11:14 2017 Tuesday ,19 December

For the Variety of Interior Design Styles

GMT 15:46 2018 Wednesday ,12 December

Festive Fashion by Dubai-based designer ASMARAÏA

GMT 19:47 2017 Sunday ,31 December

January21st-February19th

GMT 22:52 2017 Thursday ,02 November

U.S drone killed Qaeda’s leader in Yemen’s Aben

GMT 16:00 2017 Wednesday ,24 May

Jordan has ‘hit limit’ hosting Syrian refugees

GMT 13:33 2016 Thursday ,22 December

New record for US original television series in 2016

GMT 22:17 2016 Sunday ,06 November

India to Buy Rescue Aircraft from Japan for $1.6bn

GMT 22:36 2017 Wednesday ,25 January

National Bank of Oman board proposes 21% dividend

GMT 21:49 2016 Thursday ,17 November

European markets down, Asia mixed as US rally fades

GMT 20:30 2017 Thursday ,05 October

PM confers with JBIC head on ways

GMT 14:12 2017 Tuesday ,11 July

Nawal Al Zoghbi says serious honor comes

GMT 02:35 2017 Wednesday ,30 August

Poisonous Insects Still Spreading Horror In Java

GMT 05:03 2015 Thursday ,13 August

Woman dies from tiger attack in China zoo

GMT 19:38 2017 Friday ,20 October

Kurdistan never intended to engage in war with Iraq

GMT 05:24 2017 Thursday ,09 February

Juventus extend Serie A lead, 9-man Milan win

GMT 22:37 2018 Tuesday ,16 January

Bahrain Press headlines

GMT 23:05 2017 Thursday ,12 January

France's Le Pen eats ice-cream at Trump Tower
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday