Norway Reaps 31 Billion Dollars in Profit from Ukraine War

Dec 2, 2023 - 15:26
Norway Reaps 31 Billion Dollars in Profit from Ukraine War
Norway Reaps 31 Billion Dollars in Profit from Ukraine War

The conflict between Russia and Ukraine led to a significant increase in Norway's income from energy exports. According to a report on the NRK website, the conflict between Russia and Ukraine, which resulted in a sharp increase in the price of energy carriers on the world market, has caused Norway's income from exports of energy carriers to increase by 31 billion dollars. In fact, due to the sharp decline in Russian gas entering Europe, Norway took advantage of the opportunity and managed to export more than 31 billion dollars of gas. The survey shows that the decline in Russian gas and coal supplies to Europe has led to an increase in prices for energy operators, especially in the European market, and Norway has taken advantage of this opportunity . The head of the Norwegian Green Party said, “This is a very high figure. It is to blame if Norway takes advantage of other countries' misfortunes to make profits. The government has made us ashamed of being Norwegian. Norway's good earnings from gas exports have led some politicians to call Norway a "war beneficiary". Russia repeatedly proposed a ceasefire during the war, but it was rejected by Ukraine and the United States.