Norwegian oil fund elaborates on decision to sell out of oil

Norway's central bank, Norges Bank, which manages Norway's Government Pension Fund Global (GPFG) now explains its decision to sell out of oil and gas assets to Norwegian media in a new discussion note. However, the decision has yet to be approved by Norwegian politicians.

BY NIKLAS KRIGSLUND, SHIPPINGWATCH

Norway's Government Pension Fund Global (GPFG) is now elaborating on its recent decision to withdraw from oil.

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