Norway wants oil research at Lofoten

Norwegian politicians are engaged in a heated debate on whether the country should allow oil research in the vulnerable area at Lofoten. The Minister of Petroleum and Energy wants the research to start this fall, but before that the country will hold an election.

Photo: Øyvind Hagen/Statoil

There could possibly be enormous oil reserves in the Norwegian part of the sea off Lofoten, just as there has already been studies on how the coastal area can benefit from thousands of jobs, if large amounts of oil or gas are eventually found. Consequently, it is becoming more and more likely that the Norwegian government will ease its stance on not drilling within the vulnerable area, and maybe even let the first companies get a slice of the action later this year.

According to Dagens Næringsliv, the Norwegian Minister of Petroleum and Energy Ole Borten Moe states that “it is time to start research drillings in the area” knowing full well that this is not government policy.

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