Norway won a $65-billion natural gas contract.
Under the agreement, Norway will deliver natural gas from two North Sea fields to Western Europe well into the 21st Century. Oil and Energy Minister Arne Oien said the deal was signed by Statoil, Norway’s state oil company, and its counterparts. The Continental partners are Ruhrgas, Thyssengas and BEB of West Germany, the Dutch state company Gasunie, Distrigaz of Belgium and the French company Gaz de France. Starting in 1993 and with deliveries stepped up throughout the 1990s, the two Norwegian fields are to provide 706 billion cubic feet annually between 2000 and 2020.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
