Norway’s Surprise Natural Gas Nationalization Plan Even Broader Than Expected ...Middle East

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Norway’s Surprise Natural Gas Nationalization Plan Even Broader Than Expected
Norway’s plan to nationalize natural gas assets includes more than just Gassled’s natural gas pipelines, new information revealed in a letter from the Norwegian energy minister showed on Friday. The surprise move to nationalize the country’s gas assets will also include other assets—including the Nyhamna processing plant. Last Friday, Norway’s oil and energy minister said it would nationalize its natural gas pipelines within the next five years when existing concessions are set to expire. But now, a new letter to licensees…

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