On 22 June, at 8am, all operators in the oil sector in Norway received the same message from the authorities: 'Starting today, Norway will no longer authorise oil exports from its territory. You are required to reduce your production accordingly, effective immediately. Delays will only be tolerated for imperative technical or safety reasons'.The rest is here.
At the same time, a communiqu� was sent to all major press agencies, with the similarly terse content. 'As of today, for national security reasons, Norway has decided to suspend all oil exports. Further information will be communicated at 1pm today. All operators in Norway and Norwegian waters have been required to reduce production, effective immediately'.
Panic broke immediately in trading floors in Asia, …
Thursday, May 11, 2006
The day of the Oslo Warning
A short story from EnergyBulletin.net | Peak Oil News Clearinghouse.