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Unformatted text preview: elations with
other countries. The oversupply of natural gas in a liberalised market would
not be in Norway’s interest. An unfavourable development in market
liberalisation and increased natural gas excise taxes could lead to lower
profits for producers and increase uncertainty as far as long-term
investments are concerned. The economic profit resulting from the
producer going directly to the Norwegian treasury becomes a conflict of
concern for the Norwegian Government. Therefore, it is very important for
Norway to follow the development of production in other gas exporting
countries. It is a matter of high security. This could also lead to international
conflicts. There is a need for strategic defence capabilities in order to not
lose control over the Norwegian energy policy.
The Ministry of Petroleum and Energy plays an important role in
establishing transport capacity and increasing system capacity. It is
important to ensure efficient operation, including achieving economies of
scale. Norwegian gas is mainl...
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This document was uploaded on 03/30/2014.
- Summer '14