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  • Norway has introduced a price cap on Russian petroleum products

    07/02/2023 Press release Ministry of Foreign Affairs

    Norway has introduced a price cap on petroleum products from Russia and has incorporated this into the sanctions legislation.

  • Norway has introduced a price cap on Russian oil

    08/12/2022 Press release Ministry of Foreign Affairs

    Norway has introduced a price cap of USD 60 per barrel for crude oil originating in or exported from Russia, and has incorporated this into the sanctions legislation. This corresponds to the price cap adopted by the EU and the G7 countries. The oil

  • Norway to use NOK 2 billion to help procure natural gas for Ukraine

    29/08/2022 Press release Office of the Prime Minister, Ministry of Foreign Affairs

    Russia’s war on Ukraine is having a dramatic impact on energy security and the economic situation in Ukraine. The Norwegian Government is proposing to provide NOK 2 billion to help ensure that Ukrainians have access to natural gas in the coming