Norway 2010 oil/gas investments seen falling-lobby

Thu Nov 12, 2009 9:28am GMT
 
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OSLO, Nov 12 (Reuters) - Investment spending by Norway's oil and gas industry should fall to some 118 billion Norwegian crowns ($21.11 billion) next year, a lobby group estimated on Thursday.

For 2009, investments are seen at 129 billion crowns, The Norwegian Oil Industry Association (OLF) said in a report.

(Reporting by Joergen Frich)

 

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