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"Postpone Goliat development"

Runar Sjåstad

Chairman of Finnmark County Council Runar Sjåstad is calling for a postponement of the Goliat field development in the Barents Sea. He would like to wait for more discoveries in the area, which he believes would open for a new debate on the possible landing of the oil.

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Last week ENI Norway presented a study on the Goliat oil field project, which concluded that landing of the oil would be too expensive and therefore not an option for the company.

Chairman of the Finnmark County Council Runar Sjåstad says to Newspaper Dagens Næringsliv that the project should be stopped until there is more knowledge about the size of the field. Politicians from northern Norway fear that the Goliat development will create precedence for all future projects, and that most oil and gas developers will abandon the landing option.

– We must make sure that there are more benefits for Finnmark then only a view to numerous platform lights out in the ocean, says Sjåstad.

Sjåstad believes that there are good possibilities of finding more oil in the areas close to the Goliat discovery. If this happens there is also a good possibility that a larger oil processing plant can be constructed in the region.