Equinor cancels oil terminal plans

Equinor and its partners are obliged to give up their plans to build a terminal to export oil from the Johan Castberg field, as the project is now assessed to be economically inviable.
Photo: Nerijus Adomaitis/Reuters/Ritzau Scanpix
Photo: Nerijus Adomaitis/Reuters/Ritzau Scanpix

In 2013, Equinor, formerly Statoil, presented plans to establish an oil terminal at Veidnes in northern Norway's Finnmark region.

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