Norway’s sovereign wealth fund is roughly $600 billion and is the largest such fund in the world. Norwegian Minister of Petroleum and Energy Ola Borten Moe discusses how and why the fund was created, and how much of it the government of Norway uses each year. Borten Moe says that Norway will deliver more cleaner and secure energy in the future. Norway continues to have a goal to reconcile environmental and climate issues with the nation’s role as a large energy producer. Borten Moe says Norway will continue to secure long-term and sustainable energy exploration in the Arctic. Moe was speaking at a Northrim Bank Oil and Gas Speaker Series event in November presented by the Alaska World Affairs Council.
Click Here to see the upcoming schedule in the Northrim Bank Oil and Gas Speaker Series.
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