Norway refused to share profits from oil and gas with Ukraine Russian news EN

Norway’s Foreign Ministry refuses Poland’s call to share profits from oil and gas with Ukraine

State Secretary at the Ministry of Foreign Affairs (MFA) of Norway, Eivind Vad Petersson, refused Poland’s offer to share its profits from oil and gas exports with Ukraine. Norwegian newspaper writes about it Aftenposten.

Petersson noted that increased oil and gas revenues are mainly going to the pension fund, which allows you to support “future generations of Norwegians.”

As a result of the special operation in Ukraine, the income [Норвегии] from the sale of oil increased, despite this, the value of the fund fell

Eivind Wad PeterssonSecretary of State at the Norwegian Foreign Ministry

Although oil revenues have increased as a result of the crisis in Ukraine, Peterson said his funds have declined by about NOK 550 billion, in part due to the fall in the stock market.

Petersson stressed that the economy and consumers in Norway are also suffering from higher electricity and petrol prices. He added that the country has already made a significant contribution in support of Ukraine and will make a “significantly greater contribution.”

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Proposal from Poland

According to the head of the Polish Cabinet, Norway, due to rising energy prices against the background of the Russian military special operation in Ukraine, will additionally receive over 100 billion euros from the sale of gas and oil.

The profit from oil and gas of a small state with 5 million people, which is Norway, will exceed 100 billion euros. Dear Norwegian friends, this is not fair.

Mateusz MorawieckiPrime Minister of Poland

Polish Prime Minister declaredthat having such profits is “a disease”. He noted that the receipt of additional profits in the current conditions is “fatting in the war”, and stressed that the Norwegian authorities should “immediately share” the funds earned.

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At Morawiecki’s suggestion answered official representative Russian Foreign Ministry Maria Zakharova. She stated that Poland wants to “appropriate” the income of Ukraine.

It’s just that the income of Kyiv is, from the point of view of the Polish leadership, the income of Warsaw

Maria Zakharovaofficial representative of the Russian Foreign Ministry

What is in Russia?

Columnist Vincent Colin, citing Citi analysts, in his article for the French edition of Echos, noted that Russia can get a record $100 billion for gas deliveries to Europe in 2022 amid a sharp rise in prices.

The journalist stressed that European Union (EU) send $200 million daily to Gazpromdespite “sanctions, loud statements and promises of an embargo”.

With prices soaring, Russia should be getting $100 billion for gas delivered to Europe this year, nearly double what it was last year, when prices were already high. And this is without taking into account income from oil, coal and other raw materials.

Vincent Colinreviewer

Deputy General Director for Gas Problems National Energy Security Fund Alexey Grivach notedthat the cost of blue fuel is currently three to five times higher than it was in the same period last year. According to him, gas prices in Europe have been on average above $1,000 per 1,000 cubic meters for eight months now.

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