EnergyWatch

Norway's petro export hits highest level since 2008

With a surge in both output and commodity trading, the country's oil and gas export has taken a sharp upward turn.

Photo: INTS KALNINS/REUTERS / X02120

Norwegian petroleum export has increased in step with societal reopenings as countries around the world gradually get the Covid-19 pandemic under control. Such development leaves a mark on Norway's fossil fuel export, shows a report from Statistics Norway.

The value of crude export totaled NOK 32bn (EUR 3.12bn) in August this year, up 81.4 percent against the same month in 2020. Total oil export came to 53 million barrels, an increase of 17.9 percent relative to August last year, marking the highest number of barrels sent abroad since October of 2008.

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