Martin Linge oil field pays back EUR 2.8bn debt in less than a year
Skyrocketing fuel prices have ensured the debt could be paid back quickly.
According to the 2012 Plan for Development and Operation (PDO) for Martin Linge, the investment costs were expected to be approximately DKK 21bn (EUR 2.8bn). After significant challenges in the development phase, the cost ended up being almost twice as high - approximately DKK 41.5bn (EUR 5.6bn) - leaving the field in debt.
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