Exclusive: Norway not happy with Gazprom-OMV asset swap deal: energy minister [Reuters]
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Source: Reuters
Exclusive: Norway not happy with Gazprom-OMV asset swap deal: energy minister | Reuters 3 Min Read OSLO (Reuters) - Norway is not happy with an asset swap deal between Austria’s OMV OMV.VI and Gazprom ( GAZP.MM ) that would give the Russian gas giant access to the Norwegian continental shelf, the minister in charge of approving the deal has told Reuters in Norway’s first comments on the matter. “We have said we are not happy for this deal because we want to have diversified supplies for gas to Europe,” Energy Minister Terje Soeviknes said in an interview. “That is important for the Europeans, to know that they have Norway as a stable producer. With Gazprom at the shelf, some people might question that.” Non-EU Norway is Europe’s second-largest gas supplier after Russia. Under a deal agreed in late 2016, OMV offered to swap a 38.5-percent stake in its Norwegian unit for a 25-percent stake in a section of Gazprom’s Urengoy gas field. OMV Chief Executive Rainer Seele said in March he e
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