Dec 15, 2000, 12:01 AM
News ID: 9063315
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Statoil Of Cent Per 25 To Up Sell To Norway

Dec 15, 2000, 12:01 AM
News ID: 9063315
Statoil Of Cent Per 25 To Up Sell To Norway a announced has government Norwegian The -- IRNA 15, .Dec London, company, oil state-owned of cent per 25 and 10 between of sell-off country's the of program privatisation partial a of part as Statoil, .assets energy autumn's next after possibly 2001, in expected is floatation The sell to plans also government the that, before but election, general Financial Direct State's bn 25 Dlrs estimated Norway's of cent per 15 .Statoil to resources gas and oil in (SDFI) Interest expansion" the that Thursday said Petroleum of Ministry Norway's new and partners new expertise, new supply will ownership of ".capital state-owned large last Europe's Statoil, of privatisation part The biggest the be will bn, 4.16 Dlrs worth be to estimated company oil .history Norway's in sell-off the that said previously has Fjell Olav executive chief Its equity- negotiate to ability company's the enhance will floatation .partners foreign with alliances strategic based an Friday, Times Financial the by quoted analysts to According oil keep to Norway for essential also is capital foreign of injection expected its reaches Sea North the from output after up production .year next peak least at keep will it that stressed has government Norwegian The Norwegian-based a remain will it that and Statoil of cent per 67 staying decision-making and management office, head its with company .country the in HC/JH End
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