How Norway is benefiting from the sharp rise in gas prices

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Deliveries to the EU increased.

Paris, Stockholm, Berlin, Brussels Robert Habeck recently complained about the “moon prices” that friendly countries are currently achieving with gas deliveries to the European Union. The Federal Minister of Economics also meant Norway. The message that French President Emmanuel Macron had ready for his “Norwegian friends” was similar: “You are great, you supply us with gas.” However, the high prices for customers in Europe are “a thing that cannot work for very long “.

According to Eurostat, Norway exported gas to the EU for two billion euros in 2020, and a year later for six billion euros.

In the first six months of this year alone, the bill grew to ten billion euros. Although Norway actually supplies more energy, the extraordinary increase is mainly due to the price explosion. Is the Scandinavian country a crisis winner after the Russian attack on Ukraine?

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