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Exports petroleum management

Assistance combined with Norwegian business and industry may not be be a win-win situation, according to authorities.


Last week, the Ministry of Foreign Affairs and the Ministry of Petroleum and Energy presented a plan to support developing countries that control oil and gas resources. State Secretary Leiv Lunde with the Minister for Development Aid points out the good results of Norway's own development of the petroleum sector. Equatorial Guinea and Liberia are just two examples of countries suffering from the "curse of natural resources".

- Can Equatorial Guinea or Liberia be possible aid countries in this context?

- I do not want to exclude any countries, but we must consider the opportunities and prerequisites we have for cooperation with the individual country's authorities. We already have some co-operation with Liberia in the humanitarian area, and extended co-operation may be relevant if the authorities want to follow up, among other things, the World Bank's guidelines for openness in the economy and the fight against corruption. Equatorial Guinea has already been an oil economy for a few years, but we have very little contact with the authorities and few opportunities to provide any assistance to the country. The country has a governance system that far from meets the expectations we have for partner countries, but if the country's authorities want to cooperate with international actors such as the World Bank and the Monetary Fund, it may be relevant to support seminars on good oil management under the auspices of these institutions, says Lunde. .

- What does good management mean in relation to the tax rate; the rate in Norway is far higher than in very many developing countries?

- First and foremost, we must convey the experiences we have made in Norway, without necessarily advocating that it be copied. . .

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