Norway’s licensing pause applies only to frontier areas

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Norway’s licensing pause applies only to frontier areas

December 1, 2022 by offshoreenergy

Symbolic gesture or troubling precedent?

OSLO, Nov 29 (Reuters) – Norway will not issue licences for energy companies to explore for oil and gas in frontier areas during the life of the current parliament, which ends in 2025, its oil and energy minister told Reuters on Tuesday.

“SV (Socialist Left Party) has had this as a demand for this year and we went along with that. And have accepted that this can be held off for this parliamentary period,” (per Minister of Petroleum and Energy Minister Terje Aasland).

Aasland said there was “no drama” in the decision as authorities still issue licences to oil companies in a parallel licensing around called the APA round, in so-called mature areas that are already open to oil companies.
Reuters

Meanwhile NPD reports a dry hole 17 km north of the Heidrun field in the Norwegian Sea.

Posted in energy policy, Norway, Offshore Energy - General | Tagged Heidrun, licensing pause, Norway, NPD, Terje Aasland | Leave a Comment

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