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Sovereign Wealth Funds Briefing - Categorized | Market

Norway Oil Riches at Stake as Political Brinkmanship Sets Agenda

Posted on 03 June 2014

The minority coalition, in office since October, is Norway’s first in almost a decade to rely on opposition parties to push through laws. Those include how to manage the nation’s $880 billion sovereign wealth fund and how to develop key offshore oil projects.
Norway is facing lawsuits from investors in the nation’s gas pipelines, including Allianz AG and Abu Dhabi’s sovereign wealth fund. They are seeking to reverse the previous government’s decision to cut gas transport tariffs………………………………………..Full Article: Source


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