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Norway’s Cash Flow From Offshore Fields Crashes Due to Low Natural Gas Prices
Credit: OilPrice.com- Published 2 weeks ago
Norway saw cash flow from its stakes in oil and gas fields nearly halve in the first quarter of 2024 compared to the same period of 2023, as natural gas prices slumped and gas consumption in Europe was below expectations, said state company Petoro, which manages field holdings of Western Europe’s top oil and gas producer. In...
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