Norway Oil Minister: Oil Development Possible in Closed Areas

Environmentally friendly oil and gas development is possible in the closed Lofoten areas off the Western Norway, Oil and Energy Minister Odd Roger Enoksen said Tuesday.

The Norland VI and VII blocks surrounding the Lofoten Islands are one of the most sought-after oil and gas acreage – where the last giant fields are suspected to be – but exploration and development has been banned for fear of harming the fragile ecosystem and fishing areas.

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