NO. 33



Norway Could Produce 3Mn B/D By 1996

Mr. Gunnar Myrvang, Norway's State Secretary of the Energy and IndustryMinistry, said on 10 May that Norwegian oil production could reach 3mn b/d in1996-97 with the help of improved technology and the discovery of new wells.Previously the government had forecast that Norwegian oil production would peakat 2.5mn b/d in 1996. Mr. Myrvang said that recent reports indicate that Norwaywill be able to reach a 2.5mn b/d production...