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Friday, May 13, 2005

NORWAY INTENDS TO EXPAND OIL PROJECTS WITH RUSSIA

VIENNA, May 13 (RIA Novosti, Borislav Pechnikov) - Norway intends to expand its oil cooperation with Russia. As the statement by Norway's Minister of Energy Thorhild Widvey which was made public on Friday via the Vienna headquarters of the Organization of Petroleum-Exporting Countries (OPEC) says, he as the head of a representative Norwegian delegation plans to arrive in Moscow by air next week. During five days he intends to hold talks with Russian Minister of Natural Resources Yuri Trutnev, Russia's Minister of Industry and Energy Viktor Khristenko, deputies of the State Duma (parliament's lower house), and high-placed representatives of Russian oil companies on intensifying the development of hydrocarbon projects in the Barents Sea region. Widvey said Oslo had amassed vast experience of using first-class technology and expertise in developing the riches of the Barents Sea, and Norway wanted to offer this experience and technology to its Russian partners.

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