Norway’s oil and energy ministry said it was sending a letter to licensees ‘signalling the state aims to make use of the right of repatriation at the end of the license period’
Norway plans to nationalize most of its gas pipeline network when many existing concessions expire in 2028, the oil and energy ministry said on Friday, to tighten control over key infrastructure.
“The state wants complete state ownership of the central parts of the Norwegian gas transport system,” it said, without giving reasons. In some cases, the government may have to compensate other shareholders, the ministry said, without elaborating.
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