Norwegian Oil in Disruptive Times
13:44 27 July
in ENERGY INTELLIGENCE
Ambassador Arne Walther
Global economic slowdown, coronavirus disruptions and a volatile oil market challenge Norway’s petroleum dependent economy. GDP is expected to fall 3 % in 2020 and bounce back 4 % in 2021. The imperative of dealing with the pandemic along with its economic and societal impact has diverted some political and public attention from the challenges of climate change.