Denmark's North Sea fossil revenue hits rock bottom

The Danish Ministry of Finance has downgraded its revenue forecast from domestic North Sea oil and gas operations, and the outlook for the coming years shows next to nothing. This was more or less expected, says trade association Oil Gas Denmark.

by MATHIAS JULIUS FALKENGAARD

Denmark's oil and gas output from North Sea rigs contributed almost twice as much income to the state treasury as compared to this year.

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