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Oil a crucial concern for Norway voters

Friday, September 01, 2017 - 01:56

The future of the Norwegian oil industry is a key issue for voters in the upcoming election, after thousands of jobs were wiped out during the height of the oil crisis. Mia Womersley reports.

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Norway is gearing up for a general election on the 11th September. And the future of the oil industry is emerging as a crucial concern for voters. Nationwide polls show it's a close race. The current centre-right Conservatives will battle it out against the Labour party. But there could be an unlikely kingmaker. SOUNDBITE (English) REUTERS REPORTER GWLADYS FOUCHE, SAYING: "A crucial factor in this election will be the Green Party who could be in a position to decide who gets to be Prime Minister. The Green Party wants to phase out oil production within 15 years and they want to stop oil exploration immediately. So this would mean that industries like this one would have a very bleak future." Thousands of local jobs were wiped out here when crude prices fell 75 percent from June 2014 to January 2016. Business confidence in the region fell for seven out of eight quarters. But it has since picked up and the economy grew more than expected in the first half of 2017 - favouring the governing centre-right. Labour though says not enough is being done to address lingering economic problems. The smaller Green party is on the rise. Although there is little chance of it being able to call time on Norway's number one industry... It could seek to force through compromises to trim the sector's ambitions. (SOUNDBITE)(English) LUTHERAN VICAR, EGIL ELLINGSEN, SAYING: "This is what so many people live off. They, I mean in the kindergarten, in the neighbours, everywhere you meet people who live out of oil. And so, if you were just to close down this industry, what are we supposed to live off? I think that is a big question for many." As alternatives, the Green Party suggests offshore wind, forestry and fisheries. Little consolation for the country's 180,000 employees who depend upon the sector for their livelihood.

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Oil a crucial concern for Norway voters

Friday, September 01, 2017 - 01:56