Norway seeks ways to spend its oil money
FT.com / Companies - Norway seeks ways to spend its oil money
By Paivi Munter
Published: September 4 2005 18:06 | Last updated: September 4 2005 18:06
The 3,000 inhabitants of Aukra, a municipality situated on the tiny island of Gossa off Norway's west coast are grappling with a pressing dilemma: how to spend their share of the money generated by the nation's vast energy exports.
The issue has been thrust on Aukra by the construction of a huge gas terminal in the municipality, which will from 2007 serve as the hub for exports to the UK from Norway's offshore Ormen Lange field.
By Paivi Munter
Published: September 4 2005 18:06 | Last updated: September 4 2005 18:06
The 3,000 inhabitants of Aukra, a municipality situated on the tiny island of Gossa off Norway's west coast are grappling with a pressing dilemma: how to spend their share of the money generated by the nation's vast energy exports.
The issue has been thrust on Aukra by the construction of a huge gas terminal in the municipality, which will from 2007 serve as the hub for exports to the UK from Norway's offshore Ormen Lange field.
posted by Marcel at 3:14 PM
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