Prime Minister Alexander Stubb says Finland needs to stay close to the European Union but also maintain good ties with Russia as the Ukrainian crisis stretches on.
October was a record month for export of Norwegian seafood, in spite of the Russian ban on import. Export values so far this year stand at €6.5 billion.
One of Russia’s largest fish processing companies, Murmansk Fish Combinat has had to shut down because of lack of raw materials due to the ban on import of fish from Norway. The company threatens to sue the Government if problems aren’t solved.
STAVANGER: Statoil brands “It’s possible” at ONS, but CEO Helge Lund says projects in Russia will take more time as export permits for equipment is a bureaucratic process.
The Prirazlomnaya platform is packed with Norwegian technology and is likely to soon feel the consequences of the western export ban on oil and gas equipment.