Jens Stoltenberg has rejected accusations that Norway was a “war profiteer” for selling record quantities of oil and gas to Europe after Russia’s full-scale invasion of Ukraine.
The former Nato secretary-general who took over as Norwegian finance minister earlier this week told the Financial Times that he disagreed with academics and media suggesting his country had made huge profits since 2022 and insisted that Oslo provided essential alternative energy supplies for Europe in a time of crisis.
“European countries recognised the importance of Norwegian gas to mitigate the consequences of the cut-off of Russian gas,” he said.
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