Norwegian oil grows - after 13 year decline

For the first time in 13 years the Norwegian oil production is now set to increase to an average daily level of 1.52 million barrels.
Photo: Mærsk/Statoil
Photo: Mærsk/Statoil

The Norwegian oil production looks set to grow for the first time in 13 years in 2014, and even though the increase will only bring the daily production to a level that corresponds to half of what the country produced in record high 1997, the Norwegian Petroleum Directorate expects that production this year will reach a daily average of 1.52 million barrels, 50,000 barrels more than the daily average in 2013.

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