New survey suggests new gas and oil reserves for Norway
Norway may be in for an even bigger economic boom after a new survey in the previously disputed area of the Barents Sea has uncovered significant gas and oil, reports the Barents Observer.
Norway’s Oil and Energy Minister Ola Borten Moe is quoted in the report as saying that the country’s Arctic Finnmark region is poised as “Norway’s next oil province.”
Norway and Russia settled a decades old territorial dispute in the Barents Sea in 2010.
To read more, click here.
Write to Eilís Quinn at eilis.quinn(at)cbc.ca