Norway plans to nationalise gas pipelines when concessions expire

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Norway plans to nationalise gas pipelines when concessions expire
France Dernières Nouvelles,France Actualités
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Norway plans to nationalise 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 gas pipeline network is owned by Gassled, a partnership set up in 2003 by the oil companies that were producing gas offshore Norway at the time. It cost billions of dollars to build.

In some cases, the government may have to compensate other shareholders, the ministry said, without elaborating.

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