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Sovereign Wealth Funds Briefing - Categorized | Market, Performance

Norway forges ahead on continental shelf development

Posted on 12 October 2010

From Oilandgaseurasia.com: The activity level in the Norwegian petroleum industry is still high. The Norwegian Government Pension Fund Global – the so-called Oil Fund is still growing, now approaching NOK 3000 billion. This is more than one million per family in Norway.
Total oil production (including natural gas liquids and condensate) is estimated at 2.2 million barrels a day in 2010. This is five percent down from 2009……………………………………….Full Article: Source

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