- High oil prices will continue to generate a high income for the Norwegian state in the next few years. However, the level of Norwegian oil production has not been this low since 1994. As a considerable oil-producing country with a responsible resource management we have to intensify the effort, especially on existing fields and exploration activities, to slow down this negative trend. It will require a considerable effort from the industry as well as from the authorities, says Mrs. Åslaug Haga, Minister of Petroleum and Energy.
(Ministry of Petroleum and Energy, 05.10.2007)