Norway: No Plan to cut Statoil Stake

File Image: a typical offshore North Sea installation (Credit: Statoil)

Posted by Joseph Keefe

The Norwegian government does not plan to cut its
stake in Statoil, oil and energy Minister Terje Soeviknes told
parliament on Wednesday.

The government holds a 67 percent stake in the oil firm.

There are no plans to cut the government's stakes in fertiliser
maker Yara, aluminium maker Norsk Hydro or top bank DNB, industry
Minister Monica Maeland said.

Reporting by Terje Solsvik

Feb 22, 2017

Let's block ads! (Why?)

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.