Norway's petro export hits highest level since 2008

With a surge in both output and commodity trading, the country's oil and gas export has taken a sharp upward turn.


Norwegian petroleum export has increased in step with societal reopenings as countries around the world gradually get the Covid-19 pandemic under control. Such development leaves a mark on Norway's fossil fuel export, shows a report from Statistics Norway.

The value of crude export totaled NOK 32 billion (USD 3.7 billion) in August this year, up 81.4 percent against the same month in 2020. Total oil export came to 53 million barrels, an increase of 17.9 percent relative to August last year, marking the highest number of barrels sent abroad since October of 2008.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

IKEA sustainability manager: Green solutions should not cost more

As a starting point, furniture giant Ikea won't accept that green solutions become more expensive than polluting solutions, says Elisabeth Munck af Rosenschöld, Global Sustainability Manager for Supply Chain Operations, to ShippingWatch. Ikea is part of an alliance of global companies that calls for green shipping by 2040.

Long Beach logjam of container vessels grows to 80

Bottlenecks at major US container ports in continue to grow, with the ports of Long Beach and Los Angeles being the worst hit at the moment. Here, 80 vessels are waiting to berth, according to new figures form Vessels Value.

Further reading

Related articles

Trial banner

Latest news

See all jobs