RE:RE:RE:RE:RE:RE:Top 20 PEA ShareholdersNobody says that Norway has moved on. Like done with oil and gas. No. But they are in the process of doing that, not building new infrastructure as if everything is going to stay the same.
Norways knows that a lot of the oil and gas reserves they have will never be extracted, So they cannot have an economy just built on that.
ofirme wrote: Norway is playing the current trend. when oil & gas be profitable again, their large fund will <br /> find ways to get people to forget their current blunder.
fyi, Norway is selling most of its gas indexed to Brent, so they are tied to the oil. there is not
much more economically that Norway is built on, so its hard to say they moved on.
Just look at what percentage of their gdp is oil & gas.