| In an address detailing Norway’s success capitalizing on its offshore oil and gas resources – including creating a 21-year-old investment fund worth $600 billion and an oil company with worldwide operations – the country’s energy minister said a stable tax regime for producers has been critical.
“If you are to invest billions and billions of dollars, you need to know the system won’t change overnight,” said Ola Borten Moe, Norway’s Minister of Petroleum and Energy. “So we take great pride in the fact that we don’t change the system every now and then.”..............................................Full Article: Source
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