Norway Sees Dip in 2006 Oil Production

Oil production from Norway’s offshore fields is expected to decline by almost 5 percent this year, although natural gas exports continue to set new records, the Norwegian Petroleum Directorate said Thursday.

The government agency’s annual resources report projected production of about 2.43 million barrels per day in 2006, down from 2.56 million barrels per day in 2005.
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