The Arctic Energy Agenda

Political and industrial decision makers from Norway, the Russian Federation, the United States, and the European Union, met on 7 July to a round table discussion in Kirkenes, Norway. The round table discussions addressed the challenges and opportunities of the Energy resources within the framework of the Arctic Agenda.

15/02/2006 :: Thorild Widvey, the Norwegian Minister of Petroleum and Energy, hosted the meeting. The participants stressed the need to find and develop new energy resources, and pointed at the fact that the Arctic region is believed to be one of the most important remaining petroleum provinces. As part of the Arctic energy potential, the Barents Sea represents an opportunity to develop into a new European Energy Province.

In their statement, the participants also underlined the fact the industrial activity in these very vulnerable marine environment represent particular challenges, and that this calls upon the governments to safeguard a proper framework for sustainable development and management of the recourses, and a coexistence with the important fishery sector in the area.

For further information, please see the link to the introduction speech by Minister Widvey, and the closing statement by the participants.

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Thorild Widvey, Norwegian Minister of Petroleum and EnergyPhoto: Svein Erik Dahl, Samfoto