Norway Oil And Gas News
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  • Norway, the largest holder of natural gas and oil reserves in Europe, provides much of the oil and gas consumed on the continent. In fact, in 2010, Norway was the second largest exporter of natural gas in the world, second only to Russia.
  • In 2010, crude oil, natural gas, and pipeline transport services accounted for almost 50 percent of Norway's exports value, 21 percent of GDP, and 25 percent of government revenues according to the Norwegian Petroleum Directorate.


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