UK-Norway reaffirm importance of energy relationship

The UK and Norway have reaffirmed the importance of their energy relationship. Today, UK Energy Minister Jesse Norman and Norwegian Energy Minister Terje Søviknes held their first meeting at the Oslo Energy Forum. […]

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By Jonny Bairstow

The UK and Norway have reaffirmed the importance of their energy relationship.

Today, UK Energy Minister Jesse Norman and Norwegian Energy Minister Terje Søviknes held their first meeting at the Oslo Energy Forum.

They discussed how the UK and Norway share a mutually beneficial energy relationship and after their meeting issued a joint statement to highlight the importance of maintaining this bilateral momentum.

They said: “Norway and the United Kingdom share a unique relationship on energy, developed from a long history of close working and innovation across the North Sea.

“Norway is the UK’s most important energy supplier, particularly as an external supplier of gas. British interest in Norwegian gas is set to grow as the UK looks to phase out power generation from unabated coal in the transition to a lower carbon energy mix.”

They added electricity interconnection was also an important feature in the partnership between the nations and emphasised the need for a stable and market-based framework for development in this area.