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Norway Norway

EITI Status

EITI Status: 
Compliant country

Compliant since

Compliant since: 
1 March 2011

Extractive Industries

The petroleum activities have been crucial for Norway’s economy for more than 40 years. In 2013, the petroleum sector represented 21.5% of the country’s GDP. Norway is ranked as the tenth largest oil exporter and the third largest gas producer in the world. In 2013, 1.8 million barrels of crude oil per day were produced, or 2% of the world total. Norway's proved hydrocarbon reserves have been in decline over the past decade, although some important discoveries have been made in the past two years. However, only 44% of the projected recoverable resources on the Norwegian continental shelf have been produced. At the end of 2013, proved oil reserves of 8.7 billion barrels of oil or 0.5 % of the world's reserves (sources: BP Statistical Review of World Energy 2014 and Facts 2014).

EITI Reporting

The country produces EITI Reports that disclose revenues from the extraction of its natural resources. Companies disclose what they have paid in taxes and other payments and the government discloses what it has received. These two sets of figures are compared and reconciled.
Reporting process is on-track.

EITI Implementation

Norway's 2013 EITI Report was published February 2015.

A new multi-stakeholder group was appointed in July 2014. They are set to meet early 2015 to update their workplan

Since its 2009 EITI Report, Norway publishes figures from its EITI Reports in an excel file and on the Government's Open Data Repository.

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National Coordinator

Director General
Ministry of Petroleum and Energy
+47 2224 9090

International Secretariat

Digital and Media Relations Manager
EITI International Secretariat
+47 46662888

Facts & Figures

Latest Eiti Report: 2013 Report
Deadline for next Eiti report: Saturday, 31 December 2016
Number of fiscal years published: 6

Norway News

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