Oil cash flows for Norway Budget

Poised for hot seat: Progress deputy leader Ketil Solvik-Olsen is tipped to take over as petroleum & energy minister

Norway’s oil and gas sector is set to generate net revenue for state coffers of Nkr344 billion ($57.3 billion) for next year's Budget, with investments in the offshore sector expected to hit Nkr197 billion, according to the Petroleum & Energy Ministry.

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