Norway Supports Energy Development in Russia

It is aimed to strengthen cooperation with the communities in northwest Russia in the energy sector/Energy Professional

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Norway will support two new projects that aim to strengthen cooperation with the communities in northwest Russia in the energy sector.

Foreign Ministry allocates eight million kroner to the establishment of a Norwegian-Russian education and research consortium of international business development in the energy sector. Main Partners in the project is Nordområdesenteret(North Region Center) by Handel Bodø University College and International Institute for Energy Policy and Diplomacy by MGIMO University in Moscow. Other partners Petro Arctic, INTSOK, and other research and educational institutions and industry players will also participate. The project is a co-financed with private and public funds from Norway and Russia.

The Foreign Ministry also decided to give one million dollars to support another project studying the conditions for developing an industry cluster in Murmansk in the supplier industry. The project is led by ECON Pöyry and will particularly focus on the conditions for foreign establishments and the government’s role.

-In Norway, we have unique experience in the development of energy clusters through collaboration between industry, research and public authorities. These are experiences we want to share with Russian actors in northwest Russia. One important element of the project will be exchange of experience between Murmansk, Stavanger and Hammerfest, said the Foreign Minister.

The grant was announced by State Secretary Elisabeth Walaas in Murmansk, after talks with regional administration of Murmansk. —

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