Norway refused to reduce gas price for EU

Spot quotations at the exchange already exceeded $3500 for 1000 cubic meter Norway will not reduce the price of natural gas for importers in EU), the minister of oil and power of the kingdom Terye Osland declared on August 26 to the Norwegian newspaper E24. The official emphasized that companies working at the Norwegian shelf "conduct activity on a commercial basis", and the government of the country will not begin to impose to businesses contracts on gas export at the prices below the market. Osland emphasized that the management of EU still began to refuse gradually long-term contracts in favor of the spot market about 20 years ago. And...