01.06.2012 - Norway wants pension funds to finance oil industry
The Norwegian government hopes to encourage pension funds to finance its oil and gas industry as banks fail to provide the necessary funding for expansion, its Guarantee Institute for Export Credits (GIEK) said. The agency is targeting pension funds for investment in the offshore oil and gas export sector at a time that the euro zone debt crisis and tighter financial regulation mean that banks are not able to provide enough funding...............................................Full Article: Source
Print