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Norway's oil and gas
New report: Modest economic consequences from reduced oil extraction in Norway
27.10.2020 | Sist oppdatert: 28.10.2020
A new report from Norway’s statistics agency shows that a reduction in the country’s oil and gas industry would only affect economic activity by the equivalent of one year’s GDP growth over the next 30 years, and will otherwise have modest effects – due, among other things, to increased competitiveness in the rest of the economy and greater space for a just transition.
