Policy & Regulation

Norway elections could be turning point for oil and gas

Environmental concerns and fears of low prices are fuelling Norway’s debate on the reform of its oil and gas sector Environmental concerns and fears of low prices are fuelling Norway’s debate on the reform of its oil and gas sector.
By Silvia Favasuli 4 September 2017 0 27423
Norway’s Troll A platform in the North Sea. (Øyvind Hagen/Statoil)

Norway’s upcoming general elections on 11 September may mark the beginning of an about-turn in the country’s oil and gas policies even if radical changes are not expected any time soon. 

The lack of a significant advantage for either of the two main parties – Labour and the Conservatives, both of which are traditionally positive towards fossil fuels – means that smaller parties will likely be the kingmakers. The Greens have said that a ban on oil and gas exploration in Norway within 15 years would...