Norway’s Pro-Oil Government Wins Re-Election

13 Sep 2017   Norway

The Conservative ruling party of Norway yesterday won re-election for the first time since 1985, in a vote where oil policies took center stage, as befits Europe’s largest oil and gas producer. It was a narrow win, however, for Erna Solberg’s tax-cutting, oil industry-stimulating platform. To win, the Conservative Party joined forces with the populist Progressive Party as well as two smaller parties from the center-right. These will have a say in future policies, including on oil, and the industry may suffer some blows. The center-right coalition partners, although small, could have a big say in future policy proposals as the Conservatives will need their support to gain the necessary majority to pass legislation in parliament. The most important player in the game may well turn out to be the Green Party. As Oilprice reported before the elections, a new coalition may propel the small Green Party—which currently holds […]

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