How the energy crisis helps rich Norway become even wealthier
Europe's energy crisis and a spike in natural gas prices are proving to be a boon for Norway, delivering a flood of revenue for the country that's already one of the world's richest.
Norway, with huge oil and gas fields, saw exports hit an all-time high for a third straight month in September, with natural gas sales jumping seven-fold from a year earlier. The bounty is the result of both a bounce in energy demand after pandemic restrictions were eased, coupled with a surge in prices.
The country, which accounts for 25% of European Union natural gas imports, is reaping the financial benefits of a crisis that's squeezed households and businesses across much of the region, forcing governments to promise aid to help with bills...
Få adgang til FINANS
- Overblik, inspiration og indsigt i dansk og internationalt erhvervsliv. Læs om alle fordelene her
Betalingsmuligheder:
