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Norway buys majority stake in gas pipelines for $1.64 billion, aiming for full ownership by 2023.
Norway's government has agreed to buy a majority stake in the country's gas pipeline network from seven private companies for $1.64 billion, aiming for full ownership by 2023.
This move seeks to keep tariffs low and ensure efficient gas management, positioning Norway as Europe's largest gas supplier post-Russian decline.
The deal covers about 9,000 km of pipelines supplying gas to several European countries.
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Noruega compra la participación mayoritaria en los gasoductos por 1.640 millones de dólares, con el objetivo de obtener la plena propiedad para 2023.