Norway, Western Europe’s largest oil producer, said on Friday it may cut its crude output if the deal negotiated by the OPEC+ nations is carried out as planned.
Norway’s Minister of Petroleum and Energy Tina Bru is taking part in Friday’s G20 video conference to discuss the situation in the energy market.
Non-OPEC Norway’s crude output stood at 1.75 million bpd in February, up 26 percent from a year earlier. Including condensate and natural gas liquids (NGL), the oil liquids production was 2.1 million bpd.
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