Norways natural gas ambitions and Europe’s green energy future

Norway is essential in the european energy market, standing as the principal fossil gas supplier for the EU. However, the interests of norway and the EU do not always coincide. in particular, the EU has expressed concerns about the further expansion of oil and fossil gas activity in Arctic areas. Norway, on the other hand, has distributed 141 exploration licences in the Arctic Barents Sea since 2010. The EU has also initiated policies that will decrease the demand for fossil fuels in the short and long term, while Norway has introduced policies to increase the supply of oil and gas.

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