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7.7
Norway prioritizes Barents Sea oil and gas development over green energy transition
Poslovni DnevnikLO·NO·about 10 hours ago
The Lofoten archipelago continues to prioritize traditional cod fishing and tourism over potential offshore oil development, maintaining a long-standing political and environmental stance. This policy preserves the region's economic reliance on marine resources while effectively blocking access to significant untapped hydrocarbon reserves in the Norwegian Sea.
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