Norway has appointed Ola Borten Moe as its new minister of petroleum and energy, the government said Friday.
Norway
has
appointed Ola Borten Moe as its new minister of petroleum and energy, the
government said Friday.
Borten Moe replaces Terje Riis-Johansen, who has been in the post since 2008.
The appointment should have "no impact on the markets" said Stein
Bruun, chief economist for SEB bank in
Norway
.
"In
Norway
at
least this has been expected for some time," Bruun said. "Foreigners
might take another view but I don't see a lasting effects on markets,"
Bruun added.
Like Riis-Johansen, 34-year old Borten Moe is a member of the Center Party,
which governs
Norway
in a
coalition with Prime Minister Jens Stoltenberg's Labor Party and the Socialist
Left Party.
Borten Moe is seen as a rising star within the ranks of the Center Party, which
has strong links with the agricultural sector, and he is tipped for promotion
to second-in-command, and ultimately may be a future party leader.
Riis-Johansen, 42, is leaving following criticism of his handling of the
building of a carbon capture and storage plant at
Mongstad
,
Norway
.
"The government announced this project as '
Norway
's
journey to the moon' and it has been delayed quite a few times so there has
been a loss of confidence," said SEB's Bruun. "While this has been a
problem for the whole government the [petroleum and energy] minister is the man
responsible," Bruun said.
Plans by the Petroleum and Energy Ministry to build power lines in western
Norway
have
also proved unpopular with voters on environmental grounds and may have
hastened the minister's exit, Bruun said.
Διαβάστε ακόμα
Τρι, 24 Σεπτεμβρίου 2024 - 19:58
Τρι, 24 Σεπτεμβρίου 2024 - 19:54
Τετ, 18 Σεπτεμβρίου 2024 - 18:32
Τετ, 18 Σεπτεμβρίου 2024 - 18:27
Τρι, 17 Σεπτεμβρίου 2024 - 20:01