Norway Expects Oil Decline in 2007
Norwegian oil and petroleum liquids production is expected to decline by about 7 percent this year, while natural gas flows should continue to set new production records, the Norwegian Petroleum Directorate said Friday. The state agency's annual resources report said Norway's offshore fields are expected to produce about 2.6 million barrels a day of oil, natural gas liquids and condensate this year…

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Jarle Petterson <jp