Norway agrees takeover of gas export network

Bluenord ASA

12/11/2024 11:10

OSLO, Nov 12 (Reuters) - Norway has reached a deal with
seven private owners for a government takeover of much of the
country's extensive gas pipeline network from 2024 onwards, the
Norwegian energy ministry said on Tuesday.
    Norway in 2023 announced plans to nationalise most of its
vast gas pipeline network, a major processing plant and other
infrastructure when many existing concessions expire in 2028,
and had invited current owners to negotiate a transition.

 (Reporting by Nora Buli, editing by Terje Solsvik)
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70))